February 23, 2024
FILE PHOTO: A Financial institution of America emblem is pictured within the Manhattan borough of New York Metropolis, Jan. 30, 2019. REUTERS/Carlo Allegri

Financial institution of America has invested greater than $1.4 million throughout San Diego in 2023 by philanthropic grants and sponsorships to the area’s nonprofits.

The assist helps nonprofits take away limitations to financial mobility, with most financial institution funding directed towards workforce growth and job ability coaching, entrepreneurship and small enterprise growth, housing, and starvation aid.

Financial institution of America continued its longtime partnership with the San Diego Regional Financial Improvement Corp. offering $100,000 for applications that assist put together San Diegans for high-demand jobs and broaden entry to numerous, certified expertise for San Diego firms. Moreover, the BofA has supplied grants to the Asian Enterprise Affiliation to scale community-based small enterprise applications, and Jacobs & Cushman San Diego Meals Financial institution to fight meals insecurity.

Along with philanthropic capital, the corporate’s native workers supplied greater than 15,000 volunteer hours all year long to native causes, starting from aiding with meals distribution on the San Diego Meals Financial institution, offering free monetary schooling workshops in English and Spanish as a part of the financial institution’s Higher Cash Habits program, to constructing homes with Habitat for Humanity and cleansing seashores with I Love a Clear San Diego.

“San Diego’s nonprofits know firsthand the wants and obstacles our communities face. Financial institution of America proudly helps nonprofits develop the options and providers wanted to advertise financial alternative,” stated Rick Bregman, president, of Financial institution of America San Diego. “Financial institution of America will proceed to deploy capital and assets to assist create actual affect within the lives of the San Diegans.”