Posted March 29, 20223:01 pm
The Bank of America Charitable Foundation recently awarded 35 nonprofit organizations in the Cleveland, Columbus and Cincinnati areas – nearly $1.3 million dollars.
“We partner with Bank of America to expand our economic justice work, which promotes household financial stability by addressing civil legal issues around debt, employment, other income, taxes, public benefits, and more,” says Melanie Shakarian, Esq., Director of Development and Communications.
“This $25,000 grant from Bank of America will help us stabilize people, families, and entire communities across Northeast Ohio as we collectively rise out of the COVID-19 pandemic.”
The grant is part of the first round of grants that Bank of America will provide to local nonprofits this year. This round addressed economic mobility for individuals and families, which include investing in workforce development, education and basic needs. These grants are part of the Bank’s commitment to responsible growth as it works to improve the financial lives of individuals and families. Philanthropic and volunteer investments play a key role in this effort to build thriving communities.
“Addressing community needs through our philanthropic investments is just one way we deploy capital to help build a more sustainable community,” said Jeneen Marziani, Ohio State President, Bank of America. “We’re honored to partner with nonprofit organizations like The Legal Aid Society of Cleveland across Ohio that are helping to advance economic and social progress, in particular for vulnerable populations.”
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About The Legal Aid Society of Cleveland
The Legal Aid Society of Cleveland, founded in 1905, is the fifth oldest legal aid organization in the United States. Legal Aid’s highly passionate and experienced professionals work to resolve fundamental problems by providing high-quality legal services and working for systemic solutions across Ashtabula, Cuyahoga, Geauga, Lake, and Lorain counties. Visit lasclev.org for more information on Legal Aid’s work to extend justice for those who are low income and vulnerable throughout Northeast Ohio.
About Bank of America Environmental, Social and Governance
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter at @BankofAmerica.