The Bank of America Charitable Foundation Awards $3 Million to South Florida Nonprofits in 2018

In Miami, Year Up and Endeavor each receive $200,000 as part of 2018 Bank of America Neighborhood Builders® 15th Anniversary Year

The Bank of America Charitable Foundation announced today that 123 nonprofits in South Florida have collectively been awarded $3 million in grants in 2018. The grants focus on three areas key to building thriving communities: critical issues including hunger, homelessness, and poverty; workforce development and skills training; and community development, including affordable housing, community revitalization and the arts.

The bank’s signature grant giving program, Neighborhood Builders®, is now in its 15th year as one of the country’s largest philanthropic investments in nonprofit leadership. In Miami, 2018 Neighborhood Builders® Year Up and Endeavor will each receive $200,000 in flexible funding, leadership development (for the executive director and a developing leader in the organization), a network of peer organizations across the U.S. and the opportunity to access capital in order to expand their impact in the community. Also selected as South Florida Bank of America Neighborhood Builders® were Habitat for Humanity of Broward County and CROS Ministries in Palm Beach County.

“The positive impact our Neighborhood Builder winners have had on our community over the past 15 years is inspirational,” said Gene Schaefer, Miami market president for Bank of America. “Our partners have shared that the award’s combination of flexible funding and leadership training has been a driver in their ability to address challenges. We’re honored to partner with these incredible organizations to advance economic mobility and build thriving communities throughout Miami-Dade County.”

Year Up South Florida serves Miami’s young adult population from traditionally underserved urban areas to provide technical skills training, hands-on skill development and internships at top companies. Year Up will utilize its flexible funding as a Neighborhood Builder to expand its curriculum to include specialty courses in cyber security, artificial intelligence, blockchain and other skills needed for workplaces of the future. The funding will also allow for a new track in entrepreneurship with a long-term goal for Year Up alumni to continue to ascend the corporate ladder and experience professional and social mobility.

Endeavor Miami supports high-impact entrepreneurs in Miami, giving them access to a global network. In addition to enabling the growth of Endeavors current programs, the funding will be used to pilot Scale Up Endeavor, an accelerated program to benefit small businesses that are at the point of scale. The grant will also allow Endeavor to support more businesses, work with them on a growth plan, connect them to mentors and provide the opportunity for participation in a long-term program.

6/26/19


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