BofA Commits $250M to Address Hunger, Basic Needs for Families

Lawndale News Chicago's Bilingual Newspaper - Business

Bank of America announced a $250 million commitment over the next five years to support families and individuals experiencing food insecurity and other basic needs in communities nationwide. This investment builds on the company’s long-standing support in this area, as it currently provides annual philanthropic funding to more than 1200 organizations that focus on combatting hunger and other related needs.  As part of its new commitment, Bank of America will deliver $5 million to nearly 100 nonprofit organizations currently addressing urgent food needs for individuals and families. This move will help ensure these organizations can address increasing needs at the local level. Bank of America will also match employee contributions, dollar for dollar, to organizations focused on combatting hunger in the communities it serves.

Photo Credit: Bank of America

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