Event Information
Bank of America awards Neighborhood House with $200,000 to assist low-income families in Puget Sound
The Bank of America Charitable Foundation today announced its continuing support of nonprofits in the Puget Sound community, providing $200,000 in unrestricted funding to address critical social issues through the bank’s Neighborhood Excellence Initiative (NEI). The program, which is helping to sustain nonprofits during this challenging economic time and increase their long-term viability, is investing $20 million globally this year in addition to the more than $90 million committed over the past five years.
Neighborhood House was named a 2009 Puget Sound Neighborhood Builder, through which we will receive $200,000 in unrestricted grant funding and participate in Bank of America’s Neighborhood Excellence Leadership Program with other nonprofit leaders from 45 communities across the country and London.
Neighborhood House has served low-income children, families, and seniors in Seattle and King County for 103 years by helping diverse communities with limited resources attain their goals for self-sufficiency, financial independence, health and community building.
FareStart, a culinary job training and placement program based in Seattle, also received a 2009 Puget Sound Neighborhood Builder award.
“Bank of America is supporting communities throughout Puget Sound through the Neighborhood Excellence Initiative and other lending, investing and community development programs that address critical social issues and align with our corporate social responsibility efforts,” said Peter Joers, Washington President at Bank of America. “In our current economy, communities need our support more than ever, and this program is designed to give that support through the effective combination of partnership, leadership development and flexible funding.”
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