Page 8 - Martin Downs Bulletin - January '21
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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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