Bank of America
Bank of America has been a long-time supporter of local Boys & Girls Clubs and Boys & Girls Clubs of America. In 2018, the Bank of America Foundation committed to a 3 year, $750,000 partnership supporting BGCA’s Workforce Readiness Program, helping to close the opportunity gap and preparing our young people to be the leaders, innovators and problem-solvers who shape our world.
In response to the learning loss caused by the COVID crisis, Bank of America has also awarded a $1 million grant over two years to support a Boys & Girls Clubs of America tutoring program for youth ages 6 to 18. The initiative is an extension of Project Learn, a program that reinforces the academic enrichment and school engagement of young people during the time they spend at the Clubs.
In addition to providing financial support, Bank of America has impacted youth directly by providing opportunities to explore careers and build valuable skills through internships. For the past 9 years, Bank of America’s Financial Center Internship Program (FCIP) has worked with local nonprofits to hire over 1,000 low-income high school senior/college freshman-age students and place them as digital ambassadors in their financial centers. Interns assist customers with the ATM and mobile banking app and inform them about Better Money Habits resources while developing professional skills through a paid work experience. In 2020, 5 Boys & Girls Clubs participated in FCIP program and 37 Club kids received paid internships.
Bank of America also has a great interest in supporting the next generation of community leaders through its Student Leaders program. Student Leaders is a part of Bank of America’s ongoing commitment to youth employment and economic mobility. Preparing a diverse pipeline of community-minded young students with the leadership training they need to be successful in the workforce is vital to their approach to responsible growth and helps to build thriving communities. Through their Student Leaders program they connect more than 300 community-minded high school juniors and seniors from nearly 100 communities to employment, skills development and service. They're awarded paid summer internships with local nonprofits such as Boys & Girls Clubs and participate in a national leadership summit in Washington, D.C. The Student Leaders Summit focuses on skill building and creating a more civically engaged society. In 2019, Bank of America provided 78 Student Leaders to 36 Boys & Girls Clubs. In 2020, this program was held virtually.