Thursday, February 22, 2018
In the Community

Bank of America Charitable Foundation Awards More Than $500,000 in Grants to Nonprofits Tackling Workforce Development and Financial Education in South Florida

The Bank of America Charitable Foundation today announced more than $500,000 in grants to 44 nonprofits throughout South Florida that are focused on providing financial education and job skills for low- and-middle-income individuals and families as well as support for small businesses.

By investing in workforce development and education grants throughout South Florida, Bank of America helps individuals and families build better money habits and find pathways out of poverty. This year alone in Miami-Dade County, the grants will impact 34,505 individuals. Among the nonprofits receiving the grant:

“We’re honored to partner with these nonprofits as part of our company’s commitment to improve the financial lives of those we serve which, in turn, supports our local economy,” said Gene Schaefer, Miami market president for Bank of America. “As part of our workforce development and education support, we look for opportunities to facilitate employment, foster high school graduation, encourage mentorships and vocational training, remove barriers to success for the under served and provide small businesses with technical assistance and support to help them thrive.”

Bank of America Corporate Social Responsibility
Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at and follow us on Twitter at @BofA_Community.

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President/Publisher of The Florida Villager