Bank of America is collaborating with nonprofit partners that are on the front lines supporting service members, veterans and their families every day.
We all have a duty to support America’s veterans, service members and military families. They are a pivotal part of our communities – our family, friends, neighbors and colleagues.
For nearly 100 years, Bank of America has served the military community. With roughly 1.5 million service members expected to transition out of the military over the next three to five years, a 30% increase over the normal rate, we have committed ourselves to doing even more to help make that transition successful. We know that means supporting our military-affiliated employees, and collaborating with nonprofit partners that are on the front lines supporting service members, veterans and their families every day.
There are millions of veterans, service members and military family members across our nation, and we all have a stake in their success.
Bank of America
“There are millions of veterans, service members and military family members across our nation, and we all have a stake in their success.” said Lewis Runnion, Director of Military Affairs. “The transition from the military is more complex today than it has ever been. We are committed to working with the larger business community, nonprofits, government and community leaders to ensure their success.”
We’re proud to partner with national and local military and veteran support organizations across the country to help ensure our nation’s veterans and their families have the support they need to thrive. We do this through financial support, as well as through our employees, who dedicated more than 40,000 volunteer hours at military events last year.
Here’s a snapshot of some of the great work our partners are doing to make a difference across the nation and within local communities.
- Student Veterans of America (SVA): Student Veterans of America connects veterans in colleges and universities, offering the resources, support and advocacy needed to succeed in higher education and their careers. SVA supports a network of over 1,300 school chapters and over 500,000 students. And the bank has been honored to support SVA chapters across the US through the business plan competition, SVA conferences and leadership summits as well as engage with member one-on-one through career mentoring. Through SVA, we look to continue helping veterans access the right career opportunities and enter the workforce on firm financial footing using tools like Better Money Habits.
- United Service Organizations (USO): For nearly 75 years, the USO has strengthened America’s military service by keeping service members connected to family, home and country. The organization operates centers at military installations across the country and throughout the world, and stays by service members’ side as they transition back home. Bank of America has supported local USOs since as far back as 1983. Our national partnership began in 2010 and our most recent partnership is tied to our programmatic support of the Transition 360 Alliance.
- Team Red, White and Blue: Team Red, White and Blue is a volunteer-led organization that now has over 110,000 members and chapters in nearly 200 cities. Their mission is to enrich the lives of America’s veterans by connecting them to their community through physical and social activity through health, people, purpose – providing opportunities for veterans to build lasting connections while maintaining physical and mental fitness through meaningful experiences. We gave our first national to TRWB last year to support their peer referral network managed by their Leadership Training and Retention Manager.
- Team Rubicon: Team Rubicon unites the skills and experiences of military veterans with our nation’s need for first responders and emergency response teams. By using veterans’ military-acquired skills to help communities at home, they provide a sense of purpose, community and self-worth. We have provided core operating funding for TR since 2012 to support programs like their first responder training and peer referral network for mental and physical wellness services as well as disaster relief for various on the ground operations across the US.
- Mission Continues: Mission Continues empowers veterans who are adjusting to life at home to find purpose through community impact. We have supported Mission Continues since 2012 and they were a Military Support and Assistance Group national volunteer partner for 2016. Collectively, we loop to partner with them on veteran driven community service and ongoing collaboration with other veteran service organizations.