Grants to 53 organizations across region focus on basic needs, workforce development, and education in disadvantaged and vulnerable communities
ATLANTA, Aug. 18, 2022 /PRNewswire/ -- Bank of America announced more than $1.2 million in grants to 53 Atlanta nonprofits to help drive economic opportunity for individuals and families. Grants focus on workforce development and education to help individuals chart a path to employment and better economic futures, as well as basic needs fundamental to building life-long stability.
While Atlanta's economy is recovering from the height of the COVID-19 pandemic, and Georgia's unemployment rate (2.9%) is better than the national average (3.6%), the state has also added more jobs. According to the Georgia Department of Labor, the state's jobs are at all-time high.
Employment is a key driver of economic mobility in Atlanta. That's why the bank is focused on building pathways to employment by supporting a range of workforce development and educational opportunities that will help vulnerable individuals and families stabilize and advance.
"Investing in partnerships with nonprofit organizations addressing issues like workforce development, food insecurity and affordable housing is part of our approach to driving economic opportunity and social progress in Atlanta," said Al McRae, president, Bank of America Atlanta. "This recent philanthropic investment in Atlanta nonprofits is just one way Bank of America deploys capital locally to help remove barriers to economic success and build a more sustainable community."
One Bank of America grant recipient is Georgia Justice Project (GJP). For 15 years, GJP has helped individuals clean up their criminal history to remove barriers to employment, housing and education. With this support from Bank of America, GJP will be able to help people leaving the criminal justice system become empowered members of our community.
"One mistake should not mean a lifetime without opportunity," said Georgia Justice Project's Executive Director, Doug Ammar. "This support from Bank of America will help Georgia Justice Project expand its commitment to Georgians who have been impacted by the criminal legal system and help marginalized people get a second chance. Our gratitude to Bank of America for furthering our mission to reduce crime and recidivism in our communities by empowering individuals to make positive changes in their lives."
The full list of organizations receiving grants are:
Asian American Resource Foundation
Atlanta Business League
Atlanta Center for Self Sufficiency
Atlanta Police Foundation
Atlanta Victim Assistance
Atlanta Volunteer Lawyers Foundation
Back on My Feet
Bigger Vision of Athens
Catholic Charities of the Archdiocese Atlanta
City of Refuge
Clark Atlanta University
Communities in Schools of Atlanta
Cristo Rey Atlanta Jesuit High School
Dalton State College Foundation
East Lake Foundation
Family Promise of Hall County
Food Bank of Northeast Georgia
Genesis Joy House Homeless Shelter
Georgia Justice Project
Georgia Mountain Food Bank
Grady Health System
Grove Park Foundation
Jonathan's House Ministries
Junior Achievement of Georgia
Latin American Association
Local Initiatives Support Corporation
Meals on Wheels Atlanta
Open Hand Atlanta
Partnership Against Domestic Violence
Saint Joseph's Mercy Care Services
Shelters to Shutters
Teach for America
The Posse Foundation
The Summit Counseling Center
The Urban League of Greater Atlanta
United Negro College Fund
United Way of Greater Atlanta
University of Georgia Research Foundation
Urban League of Greater Columbus
Urban Health and Wellness
Women in Technology
Women Moving On
Young Men's Christian Association of Athens, GA
- Young Women's Christian Organization of Athens, GA
Since 2017, Bank of America's nearly 5,000 Atlanta teammates have contributed over 255,000 volunteer hours and $30 million in grant support to organizations in metro Atlanta. These investments are part of the company's commitment to responsible growth to improve the financial lives of individuals, families, and communities across the state.
Learn more about Bank of America's Philanthropic Strategy
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Reporters may contact:
Matthew Daily, Bank of America
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SOURCE Bank of America Corporation