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THIS GRANT’S FOCUS: Economic Mobility, Family Support, Health, Jobs/Employment
Deadline: Feb. 16, 2024
“At Bank of America, we’re guided by a common purpose to help make financial lives better. We develop strong partnerships with nonprofit organizations focused on issues fundamental to economic mobility in low- and moderate-income communities. We focus on improving the lives of individuals and families by investing in health, jobs, and strengthening broader community vitality by addressing needs related to small business resiliency, and community development.
Through our partnerships, we support vulnerable populations, including working families, youth, seniors, individuals living with disabilities, veterans, and those impacted by the criminal justice system – enabling them to move forward in their goals.
Economic mobility focused on the needs of individuals and families
Health
Too many communities across the United States do not have equal access to what is needed to live healthier lives. Within under-resourced communities, generations of lack of access to care and health resources have contributed to poorer health outcomes. We are focusing on programs and organizations who are working to address the economic and social conditions that influence family stability and an individual’s health, including access to quality community- based health services, crisis-prevention tied to family stabilization programs, and other poverty related issues. Examples:
- Prevention and Access to healthcare – Services that improve health outcomes with an emphasis on community-based healthcare, mental health counseling, substance use disorder treatment, and rehabilitation.; services that address access to quality health care, including early detection and disease prevention; capacity building and training for local community-based health centers and clinics
- Food Access and Nutrition – food-based health care partnerships; programs addressing fresh and nutritious food access; programs that address dietary nutritional needs and education for persons with underlying health conditions (diabetes, cancer, heart-health)
- Family stabilization – access to crisis prevention programs and wrap services including help with immediate and safe shelter, free or subsidized benefits like internet access, utilities, childcare, transportation, financial assistance and recovery.
- Services for the homeless – programs that prevent or end homelessness, such as emergency shelter, rapid-rehousing, rental and utility assistance and permanent supportive housing.
Jobs
Employment is a key driver of economic mobility. That’s why we’re focused on building pathways to employment by supporting a range of workforce development opportunities, including education, upskilling and reskilling programs that will help individuals and families stabilize and advance. Examples:
- Youth workforce development and employment – Nonprofit programs helping young people (14-24 years old) transition from education to meaningful employment (i.e. high school completion programs, skills-training for hard and soft skills, early work experience, first-time employment, internship and/or apprenticeships especially for disconnected youth.
- Skills training for adults through alternate routes – Nonprofit organizations providing adults with job preparedness, training, skill building, career counseling, placement, job retention, and entrepreneurship opportunities
- Removing Barriers to employment – Nonprofit organizations addressing obstacles that hinder individuals from securing and maintaining long-term employment (i.e. organizations serving individuals with disabilities, persons impacted by the justice system, recent immigrants/refugees/asylees, and foster care youth).
- Academic Institutions and student support – Post-secondary institutions (vocational/technical college, community college, four-year university or other trade school) and nonprofit partners providing support services that are ensuring students, particularly diverse students, matriculate and achieve post-graduation success.”
Funder: Bank of America Charitable Foundation
Eligibility: Unspecified
Amount: Unspecified
Contact: Link →
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