Page 8 - Martin Downs Bulletin - January '21
P. 8

Page 8, Martin Downs

                                                   nonprofit neWs




      Bank Of America Names                                In addition to House of Hope,
      House Of Hope As                                   the bank has this year provided
                                                         a total of $245,000 in funding
      Neighborhood Champion                              to 15 local nonprofits dedicated
                                                         to improving lives and their
      In Recognition Of Work To                          communities through increased
                                                         access to affordable housing,
      Advance Economic Mobility                          workforce development, financial

      In Treasure Coast                                  literacy and more.
                                                           Recent Bank of  America
                                                         announcements focused on
      Program Provides $50,000 In Grant Support          advancing economic mobility
      And An Opportunity For Virtual Leadership          include:
      Training                                             • Bank of America announces
                                                         seven completed equity investments
        Bank of America today announced House of Hope as a   in minority depository institutions
      Neighborhood Champion, a recognition that includes both   and community development
      grant funding and leadership training. The Neighborhood   financial institution banks.
      Champions program supports the role strong nonprofit     • $2 billion Equality Progress
      leaders play in advancing economic mobility, and is   Sustainability Bond
      an extension of the bank’s signature philanthropic     •  Universal  ESG  reporting;  International  Business   across our eight lines of business and reflects how we help
      initiative, Neighborhood Builders , the largest corporate   Council of World Economic Forum          fuel the global economy, build trust and credibility, and
                                  ®
      philanthropic investment in nonprofit leadership in the     • Top global bank on Fortune’s Change the World list  represent a company that people want to work for, invest
      country. Alongside Treasure Coast, the bank will bring     • Bank of America directs $300 million of its $1 billion,   in and do business with. It’s demonstrated in the inclusive
      the program to over 40 additional communities across the   four-year commitment to advance racial equality and   and supportive workplace we create for our employees,
      U.S. this year as part of its commitment to investing in the   economic opportunity.                 the responsible products and services we offer our clients,
      long-term health of communities.                     • Expanding support of Boys and Girls Clubs of America   and the impact we make around the world in helping
        As part of the program, House of Hope will receive   with $1 million grant to support educational programs  local economies thrive. An important part of this work is
      $50,000 in grant support and an opportunity for engagement     • $1 billion, four-year commitment to support economic   forming strong partnerships with nonprofits and advocacy
      in virtual leadership training delivered by experts in the   opportunity initiatives                 groups, such as community, consumer and environmental
      nonprofit sector. For four decades, House of Hope has     • Committing $250 million in capital and $10 million in   organizations, to bring together our collective networks and
      addressed the basic needs of Martin County residents by   philanthropic grants to CDFIs.             expertise to achieve greater impact. Learn more at about.
      providing them with food, clothing, furniture and financial   Bank Of America                        bankofamerica.com, and connect with us on Twitter (@
      assistance. Bank of America has partnered with the     At Bank of America, we’re guided by a common purpose   BofA_News).
      organization for years to support its mission of overcoming   to help make financial lives better, through the power     For more Bank of America news, including dividend
      hunger and hardship in the community.              of every connection. We’re delivering on this through   announcements and other important information, visit the
        The latest funding by the bank allows House of   responsible growth with a focus on our environmental,   Bank of America newsroom and register for email alerts at
      Hope to enhance and improve its food production and   social and governance (ESG) leadership. ESG is embedded   www.bankofamerica.com.
      the availability of healthy foods through the purchase
      of key equipment to build a new packing house at the
      organization’s farm site. The packing house will allow                               Champagne ~ ‘Not Just
      for more efficient storage and handling of fresh fruits and
      vegetables grown by House of Hope and donated from
      other partners and supporters.                                                       For New Year’s!’
        “As we consider many of the challenges that our
      communities are facing – from the health and humanitarian
      crisis brought on by the coronavirus to the need for   By Laura Berrio,                              local Champagne bar, the Battery Park Book Exchange and
      progress on racial equality and economic opportunity –   Freelance Writer/                           Champagne Bar.
      the Neighborhood Champions program is a relevant and   Blogger                                         This Champagne bar absolutely delivered on creating the
      timely initiative to support the communities we serve,”     Champagne has crossed                    experience. I enjoyed a glass of Taittinger, Reims Champagne
      said Doug Sherman, Treasure Coast market president for   over into the mainstream.                   while nibbling on a macaroon. I was seated in a beautiful bar,
      Bank of America. “This program enables partners like   I used to only drink                          surrounded by two floors of literature with jazz music playing
      House of Hope to plan strategically for growth and long-  Champagne on New Year’s                    in the background. What pairs better with Champagne than
      term sustainability, and we look forward to seeing how   Eve, or at special events                   books? Our inner bibliophile surfaces!
      this investment helps House of Hope make even greater   requiring a toast. Now, I                      To keep prices affordable, Champagne bars offer a variety
      strides to address food insecurity and improve the overall   am seeing a nice variety                of Champagne by the glass, half bottle or bottle.
      health of Martin County residents.”                  of Champagnes by the                              If you are looking for a unique, fun experience, check out
        The Neighborhood Champions program is invitation-  glass offered at my favorite                    the local Champagne bars in your area and let me know what
      only for nonprofits who are poised to take their work to the   restaurants.                          your new favorite Champagnes are!
      next level. Leading members of the community participated     Champagne bars are the new “in vogue” place to try     ~ Cheers
      in a collaborative selection process to identify this year’s   new bubbly! They create a sophisticated, yet affordable,     ~ Keep the conversation going and
      awardee. Examples of the topics for the virtual leadership   experience for the Champagne lover. The idea behind the   the bubbly flowing!
      training awarded include human capital management,   Champagne bar is to create a relaxed, less pretentious setting     Follow the  Vine at: www.
      increasing financial sustainability, and storytelling.  to enjoy Champagne.                          VineVibeUncorked.com.
        “Our efforts at House of Hope are designed to address     I recently traveled to Asheville, N.C. and checked out a
      levels of chronic illness in the community by promoting
      healthy eating habits through education about nutrition
      and the benefits of maintaining a well-balanced diet,” said
      Rob Ranieri, CEO of House of Hope. “Bank of America’s
      support will increase the amount of nutritious foods
      available in our pantries and help eliminate the barriers
      clients face when attempting to live a healthier lifestyle.”
        Since the program’s inception last year, Bank of America
      has invested $4.2 million in  84 organizations within
      42 communities through the Neighborhood Champions
      program. The Neighborhood Champions program in the
      Treasure Coast will strengthen the bank’s commitment to
      advancing economic mobility and nonprofit leadership.






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