Bank of America has announced Communities in Schools of Delaware as its 2016 Neighborhood Builder. The nonprofit is being recognized for its work in Delaware to empower students to stay in school and achieve in life. Through Neighborhood Builders(#NeighborhoodBuilders), the bank provides nonprofits with a unique combination of leadership development, $200,000 in flexible funding, a network of peer organizations across the U.S. and the opportunity to enhance their funding opportunities in order to expand their impact.
“We recognize the critical role that nonprofits and their leaders play to build pathways to economic progress in the Delaware community,” said Delaware Market President Chip Rossi, Bank of America. “Through our Neighborhood Builders program, we connect outstanding nonprofits, like Communities in Schools, to the funding and leadership development resources they need to scale their impact and help our community to thrive. The Neighborhood Builders grant will help them serve thousands more students who are at-risk of dropping out of school with increased funding for holistic programs that connect these students and their families to critical services like housing assistance, food and nutrition access and education, financial education, healthcare, mentors, and much more.”
For more than 20 years, Communities in Schools of Delaware has delivered its model of integrated support to children who face challenges both inside and outside the classroom. Through a school-based coordinator, Communities in Schools strategically aligns and delivers critical community resources so that students can focus on learning, stay in school, and graduate on time. Communities in Schools of Delaware targets schools in communities facing poverty, where more than 80 percent of the children are on free and reduced lunch.
“Communities in Schools of Delaware works in public schools to surround students with a community of support, empowering them to achieve in career, education, and life,” said Chairman of the Board Dr. Carlton Lampkins, Ed.D. “We work closely with schools, social services, businesses and thousands of volunteers to get young people the things they need to learn and grow: mentors and tutors, after-school help, and family services to stabilize the home. Without these basic supports, kids in need or high-risk are far less likely to succeed and grow into productive adults.”
Since 2004, through Neighborhood Builders, Bank of America has helped nonprofits create greater impact in their communities and better prepare for the future by providing the tools and resources they need to develop stronger strategic plans, chart a succession plan, navigate through tough economic times, and enhance their funding opportunities. Since the program’s inception, Bank of America has invested more than $180 million in 900 nonprofit organizations across the country, providing leadership resources to nearly 2,000 nonprofit leaders, and the program has been recognized as the nation’s largest philanthropic investment in nonprofit leadership development.
Neighborhood Builders is a signature demonstration of the bank’s work to address issues fundamental to economic mobility in order to build thriving communities and illustrates how strong cross-sector partnerships and local community leaders can play a meaningful role in positioning communities for success. The awardees are selected by a local market selection committee with representation by local community leaders from diverse sectors.
About Bank of America Environmental, Social and Governance
At Bank of America, our focus on Environmental, Social and Governance (ESG) factors is critical to fulfilling our purpose of helping make people’s financial lives better. Our commitment to growing our business responsibly is embedded in every aspect of our company. It is demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our customers, and the impact we help create around the world in helping local economies thrive. An important part of this work is forming strong partnerships across sectors – including community and environmental advocate groups, as well as non-profits – in order to bring together our collective networks and expertise to achieve greater impact. Learn more at www.bankofamerica.com/about and connect with us on Twitter at @BofA_News.