As part of its commitment to strengthening communities by addressing critical needs that help advance racial equality and economic opportunity, Bank of America invested a total of $315,000 to local nonprofits and organizations across Northern Nevada in 2021.
With a particular focus on closing the equity and wealth gaps in communities of color and other disadvantaged populations disproportionately impacted by the prolonged pandemic, Bank of America’s local giving this year was directed to organizations who are alleviating impacts on workforce development, food insecurity, affordable housing and education, which were exacerbated by the pandemic.
Continuing its investment in workforce development across local communities, Bank of America named Boys & Girls Club of Truckee Meadows (BGCTM) as its 2021 Neighborhood Champion. Its work serving more than 14,000 low-income and at-risk youth annually, inspired and enabled them to become productive and caring citizens. As part of the Neighborhood Champion program, the nonprofit received $50,000 and an opportunity for virtual leadership training delivered by experts in the nonprofit sector on topics like human capital management, increasing financial sustainability and storytelling.
Other organizations that received support include: the Food Bank of Northern Nevada, Junior Achievement of Northern Nevada, The Holland Project, the Reno Philharmonic Orchestra, Truckee Meadows Park Foundation and PBS Reno. In addition to philanthropic capital, which is over double the bank’s pre-pandemic giving, local teammates volunteered over 1,000 hours in the community throughout the year.
