Bank of america charitable foundation awards more than $500,000 in grants

The Bank of America Charitable Foundation recently 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:

• Big Brothers Big Sisters of Greater Miami,
• Breakthrough Miami,
• City Year Miami,
• Learning for Success, • Patricia and Phillip Frost Museum of Science,
• Networking for Teaching Entrepreneurship,
• Overtown Youth Center,
• Honey Shine Mentoring Program,
• Teach for America Miami-Dade,
• The Posse Foundation,
•Women of Tomorrow,
• ACCION East,
• Business Initiative Fund,
• Greater Miami Progress Foundation, and
• Communities in Schools of Miami Inc.

“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 underserved, and provide small businesses with technical assistance and support to help them thrive.”

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