Bank of America last week announced the donation of more than $200,000 in grants to 14 Reno-area nonprofits.
According to an Aug. 9 press release, one of the nonprofits is the University of Nevada, Reno Foundation, which will utilize the corporate investment to fund strong educational pathways through the Dean’s Future Scholars Youth College Internship (YCI) program.“The strategic investment into immediate short-term and longer-term needs has been key in helping disadvantaged communities progress as society begins to safely reopen,” Andrew Diedrichsen, President, Bank of America Reno, said in a statement. “By investing in Northern Nevada’s incredible network of nonprofits, Bank of America provides philanthropic capital to help advance economic and social progress, enabling our community to succeed.”Boys & Girls Club of Truckee Meadows is another nonprofit that will receive grant funds, which will be used to fund its Leaders in Training (LIT) program, according to the release.Other organizations include: Access to Healthcare Network Inc.; Boys & Girls Club of Western Nevada; Children’s Cabinet Inc.; Communities in Schools of Nevada; High Sierra Area Health Education Center Inc.; Nevada Museum of Art; Northern Nevada Dream Center; Northern Nevada Hopes; Northern Nevada Literacy Council; Food Bank of Northern Nevada; United Way of Northern Nevada and the Sierra; and Western Nevada College Foundation.According to Bank of America, the grants are part of “the company’s commitment to responsible growth as it works to improve the financial lives of individuals and families.”Recently, the bank announced a newly expanded $1.25 billion, five-year commitment to help advance racial equality and economic opportunity in our communities.
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