HAMPTON ROADS, VA – The Bank of America Charitable Foundation today announced $115,000 in grants to 16 nonprofits focused on providing workforce development opportunities in Hampton Roads. These grants are part of the bank’s broader philanthropic investment in helping individuals and families in Hampton Roads lead stronger financial lives.
“While our economy continues to improve, low-and middle-income residents and young people are still struggling to find jobs due to the skills divide and the need for job training and post-secondary education,” said Charlie Henderson, Hampton Roads market president, Bank of America. “That’s why we partner with nonprofits that connect the unemployed and underemployed to the training and education they need to secure and retain jobs with livable wages.”
One nonprofit receiving a grant is the Boys & Girls Club of the Virginia Peninsula, which will use the funding to expand its workforce development program. The program is aimed at helping young people aged 14-18 years old, 70 percent of whom live at or below the poverty level. The Boys & Girls Club provides career exploration, resume and job interview preparation and financial literacy classes. In addition, select program participants receive on-the-job training through paid internships in the Club’s thrift stores.
"With support from community partners, we can increase the scope and impact of our workforce development program, therefore allowing more teens to be equipped for college or a career after graduation," said Kast. "With Bank of America's recent funding, we will increase the youth who receive paid internships at our thrift stores from 21 to 30."
Other organizations receiving grants include: Access College Foundation; An Achievable Dream Inc.; Big Brother & Big Sisters Service, Inc.; Chesapeake Service Systems, Inc.; Child & Family Services of Eastern Virginia Inc.; Communities in Schools of Hampton Roads; Girl Scouts of The Colonial Coast; Greater Peninsula Workforce Development Corporation; Hampton Roads Workforce Development Board; Horizons Hampton Roads, Inc.; Norfolk State University Foundation Inc.; Office of the Human Affairs, Inc.; Rita Welsh Adult Literacy Program Inc.; Thomas Nelson Community College Educational Foundation Inc., and Versability Resources, Inc.
These grants build on many years of philanthropic and employee volunteer support in Hampton Roads as part of a larger effort to help individuals and families build better money habits and find pathways out of poverty.
To learn more about Bank of America’s corporate social responsibility efforts, visit www.bankofamerica.com/about and follow @BofA_Community