As part of its commitment to strengthening communities by addressing critical needs that help advance racial equality and economic opportunity, Bank of America provided $6,465,220 to more than 130 nonprofits across Miami, Broward, and Palm Beach counties in 2021. The funds were focused on closing the equity and wealth gaps in communities of color and other disadvantaged populations disproportionately impacted by the ongoing pandemic. The company’s local philanthropic endeavors were intended to address food insecurity, basic needs, workforce development, affordable housing, small business, healthcare and education.
“While the pandemic has taken a toll on us all, there’s no doubt it has had a disproportionate impact on the communities already grappling with the effects of economic and social inequality,” says Gene Schaefer (pictured), president of Bank of America Miami. “The private sector has a responsibility to provide support that can serve as a catalyst to help advance equality and economic opportunity for everyone.”
The nonprofits receiving the grant funding included:
- Adopt-A-Family of the Palm Beaches
- Baptist Health South Florida Foundation Inc
- Boys and Girls Club of Palm Beach, Broward, and Miami-Dade County
- Camillus House Inc. (Miami)
- Casa Valentina Inc. (Miami)
- Catalyst Miami Inc.
- Education Foundation of Palm Beach County
- Feeding South Florida Inc.
- Habitat for Humanity of Palm Beach, Broward, Miami-Dade Counties
- Junior Achievement of South Florida
- Meals on Wheels of the Palm Beaches
- Miami Dade College Foundation Inc
- Overtown Youth Center (Miami)
- United Way of Palm Beach, Broward, Miami-Dade Counties
- Women in Distress of Broward County
