Neighborhood Builders is just one way Bank of America shows its continued commitment to supporting communities. By partnering with local nonprofits and organizations around the world, the bank is able to help address important issues that face local communities. Together, the bank works to share in the responsibility of building thriving communities through supporting the work of nonprofits that address community needs.
The bank’s philanthropic investments, and related impact, are evident in its four recently awarded Neighborhood Builders in South Florida: Habitat for Humanity of Greater Miami, Overtown Youth Center, Women in Distress of Broward County and the Homeless Coalition of Palm Beach County.
Neighborhood Builders is a grant given to high-performing nonprofits that includes leadership development and $200,000 in flexible funding, as well as access to a network of peer organizations across the U.S. and the opportunity to access capital in order to expand their impact in the community.
Habitat for Humanity of Greater Miami is dedicated to revitalizing neighborhoods by providing low income families the opportunity to help build and purchase an affordable home. This includes a zero percent mortgage and educational workshops which provide the knowledge and financial training to be successful first-time homeowners. Habitat’s mission coordinates the efforts and investment of engaged individuals and members of the corporate, civic and faith communities. Habitat plans to use the grant to create two new staff positions which will further expand their reach and impact.
Overtown Youth Center is a year-round youth development agency with a goal of helping inner city youth rise above systematic poverty and its associated risk factors to become positive citizens. The nonprofit will use the funding to expand its IE2 (Inspire. Educate. Employ.) program, offering hands-on experiences in the classroom, technology lab and other programs to youth ages 16-25 as an important bridge to economic independence. IE2 ultimately equips youth with the knowledge and skills to make a successful transition to college, the workforce or the vocation of their choice.
Women in Distress of Broward County was awarded the Neighborhood Builders grant to help build a new pet shelter. Women in Distress partnered with the Humane Society of Broward County and the bank to create a safe environment for domestic violence survivors to house and protect their pets while they are staying in a Women in Distress Emergency Shelter. Without the pet shelter, families would have to give up their pets, and choose between a family member and safety.
Finally, the Homeless Coalition of Palm Beach County was awarded the Neighborhood Builders grant for its efforts to end homelessness in Palm Beach County. The Coalition’s focus is to build communities, neighborhoods and collaborations and serve as a catalyst for groups seeking to make a difference in the lives of the homeless. The Coalition will use Bank of America’s support to help launch the initial framework to explore an exciting new pilot program focused on combating homelessness through micro housing, and how to make it a reality in Palm Beach County.
Since its implementation in 2004, Bank of America has invested more than $180 million in 900 nonprofit organizations across the country through Neighborhood Builders, providing leadership resources to nearly 2,000 nonprofit leaders, and the program has been recognized as the nation’s largest philanthropic investment in nonprofit leadership development.