Our employees are passionate about improving their communities through volunteerism and giving

Every day, around the globe, our #BofAVolunteers are helping improve communities, whether mentoring youth, advancing better money habits for individuals or building affordable housing for working families. Our employees donate generously to causes that they care about, from disaster relief to education and other community needs. Each year, our employees volunteer 2 million hours to strengthen communities and provide generous financial donations to more than 25,000 nonprofits around the world, annually directing more than $60 million in total to communities via individual giving and the bank’s matching gifts program. Learn more about our commitment to volunteering here and in the examples below.

See examples:

Taking action and giving back to protect our waterways with Beach Sweeps

Through our employee giving and volunteering programs, Bank of America employee Valarie Embrey is able to help make a difference in her community. The programs offer her the flexibility and convenience to support Clean Ocean Action (COA) in New Jersey by donating however and whenever works best for her, including doubling her impact through our matching gifts program. Valarie has used these programs to take action to ensure the waterways in New Jersey remain clean and free of debris.

“We all have something to give and the ability to act generously,” says Valarie. “The environment is our only home and I feel it’s my responsibility to take immediate action and give back.”

Learn more about her story here.

Paying it forward because no one should ever go hungry

Merrill Financial Advisor John Yambao gives to the Houston Food Bank as a way of paying it forward because he believes that “no one should ever go hungry, particularly in the world’s wealthiest nation.” John has been donating both his time and money to the Houston Food Bank since 2010, when he moved back to Houston. He is able to maximize his contribution by taking advantage of Bank of America’s employee giving program, which not only makes donating easy but also extends the power of his donation by matching it dollar-for-dollar.

“Food insecurity is something I believe everyone can relate to because it is a basic need,” said John. “What I do is small, and I am both honored and humbled to be able to do it. I certainly hope to do even more.”

Learn more about his story here.

Preparing the next generation to succeed in a global economy

Every February for the past three years, Jamie Mayes, senior relationship manager, Global Banking & Markets, rallies with her colleagues in Tulsa, Oklahoma to host and compete in a Junior Achievement bowl-a-thon at a nearby bowling alley. All proceeds of the popular event directly benefit Junior Achievement of Oklahoma. And the giving doesn’t stop there. Each employee who participates in the bowl-a-thon, including Jamie, extends the power of their donation through the bank’s employee giving program, which matches dollar-for-dollar.

“It’s both rewarding and inspiring to see firsthand the impact that the Junior Achievement curriculum has on the students,” said Jamie. “It’s a long day but the kids stay engaged and have a lot of fun doing a range of activities they don’t usually do in their regular classroom setting.”

Learn more about Jamie’s story here.

Addressing the issue of economic mobility by giving to the United Way

Global General Counsel David Leitch has experienced firsthand the positive impact that the United Way has on communities, first in Detroit and now in Charlotte, which is why he has supported the organization for more than 15 years. In 2018 alone, Bank of America employees donated close to $3 million and volunteered nearly 15,000 hours of their time to the United Way worldwide to help make a difference in the lives of more than 61 million people in nearly 1,800 communities across the globe. Beginning in 2019, the United Way became eligible for matching gifts through Bank of America’s updated, more flexible employee giving program.

“I have long supported the United Way because of its important convening role and community impact,” said David. “It provides not only financial support, but also organizational support and the coordination of efforts across various charitable organizations that are working together to address issues.”

Learn more about David’s story and United Way here.

Better Money Habits Volunteer Champions

Better Money Habits Volunteer Champions is a special cohort of dedicated employee volunteers who help deliver Better Money Habits® content to individuals and families directly and through our nonprofit partners. Better Money Habits Volunteer Champions gathered with the Los Angeles Dodgers Foundation in East LA to share financial tips and lessons with nearby residents, in both English- and Spanish.

Habitat for Humanity

When people have a place to call home, our communities can thrive, which is why we’ve had a partnership with Habitat for Humanity for more than 30 years. Last year, employee volunteers from our Global Technology & Operations group partnered with Apparo — a nonprofit that helps fellow nonprofits with technology services — and Habitat for Humanity Charlotte to assess Habitat’s infrastructure, operations and strategy. The team created a technology roadmap to help address needs in hardware, software, security, policy and budget.

Best Workplace for Giving Back

Giving and volunteering is part of our culture at Bank of America, and we’ve been honored to be recognized by Fortune magazine as a Best Workplace for Giving Back. We understand that as a company, we have a unique platform for engaging our teammates in serving as global citizens, helping to solve critical problems in the world.

Mentoring

Mentoring is a proven intervention that helps young people succeed. In 2018, our employee volunteers recorded more than 420,000 hours of mentoring and tutoring to youth and young adults, which is one reason Bank of America has been recognized as one of 61 members of the 2019 National Corporate Mentoring Honor Roll. Sponsored by MENTOR: The National Mentoring Partnership and initially launched by First Lady Michelle Obama in 2011, the Honor Roll recognizes companies committed to mentoring as a key to economic mobility.

Disaster Relief

We’re committed to responding to disasters that impact the health of communities, including humanitarian aid and natural disaster relief. In 2018, Bank of America and its employees contributed approximately nearly $4 million in relief funding to support communities impacted by disasters, including hurricanes and wildfires. Employee donations were doubled through our matching gifts program.

11/19/2019


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