Protecting an American treasure and landmark for another century

The Grand Canyon is one of the seven natural wonders of the world that was shaped and formed millions of years ago. In 2019, this geological marvel celebrated a different kind of milestone – it was a century ago that U.S. President Woodrow Wilson declared the Grand Canyon a national park. As part of its centennial celebration, Bank of America awarded a $100,000 grant to Grand Canyon Conservancy (GCC), the official nonprofit partner of the Grand Canyon National Park.

“We are excited to be working with Bank of America to celebrate 100 years of conservation at the Grand Canyon,” said Susan Schroeder, chief executive officer, GCC. “Our mission is to preserve the canyon for future generations and to inspire people to experience this unique landscape. It is thanks to partners like Bank of America that we are able to carry out this mission.”

Bank of America’s grant funding will focus on conservation efforts, tribal employment, and educational and cultural opportunities across the park. The funds will support the restoration of historic trails; workforce training programs for Native American teens living on adjacent tribal lands; and the transformation of the iconic Desert View area into an Intertribal Heritage Site. The grant will also help with the conversion of park lighting to energy-efficient fixtures. The new fixtures will not only conserve power at the park, but it will also minimize light pollution, which is crucial for achieving the designation of an International Dark Sky Park.

Bank of America’s centennial grant continues a long history of serving both Arizona and America’s national parks. The bank has been serving clients in Arizona for more than 120 years – starting well before the Grand Canyon became a national park. The bank has been committed to environmental stewardship for decades. In 1968, then-Bank of America President and CEO Rudolph Peterson was invited by the U.S. Secretary of the Interior to sit on the first board of the newly created National Park Foundation to support the mission of the National Park Service.

“The Grand Canyon is not only a landmark for visitors around the world, but for many Arizonans, including myself, it has become a personal passion,” said Benito Almanza, Arizona market president, Bank of America. “On hikes with family, friends and colleagues, I have experienced the majesty of the land up close. Our grant will help ensure the Grand Canyon continues to thrive for the next 100 years through sustainable opportunities and access for visitors, Arizonans and the tribes who make the park a true national treasure.”

Almanza has completed 14 Grand Canyon hikes with co-workers, peers, family and friends. During these trips, he has seen and captured the natural beauty of the landscape in his photographs.

Bank of America’s involvement in the Grand Canyon National Park’s centennial celebration is part of the company’s broader commitment to environmental sustainability. In 2018 alone, the bank awarded more than $19 million in philanthropic support to environmentally focused organizations across the globe. Bank of America has also deployed more than $126 billion over the past twelve years as part of its Environmental Business Initiative. Recently the bank announced it will mobilize an additional $300 billion in capital by 2030 to support more sustainable business activities. To learn more, visit Bank of America’s environmental sustainability website.


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