March 21, 2023

Financial institution of America donates almost $800,000 throughout Arkansas

Financial institution of America has offered a complete of $795,000 throughout Arkansas this yr by means of philanthropic grants and sponsorships, it disclosed this week.

The monetary help goals to drive financial mobility and social progress throughout the state, together with supporting native nonprofits such because the Arkansas Museum of Wonderful Arts, the Baptist Well being Basis, the Salvation Military’s monetary literacy program, the Samaritan Neighborhood Heart, and lately delivered bikes to youngsters with Arkansas Cease the Violence.

Late final month, Financial institution of America donated $25,000 to the Arkansas Foodbank by means of its worker booster shot incentive program to assist alleviate starvation, bringing the entire quantity that Financial institution of America has contributed to the group in 2022 to $80,000.

Via its worker booster marketing campaign, Financial institution of America donated $100 for every worker who recorded their COVID-19 booster by the tip of January, which totaled $10.6 million in early 2022. The financial institution relaunched the marketing campaign this fall and donated one other $50 for every worker who registered a brand new vaccination – COVID-19 vaccine, COVID-19 booster or flu shot – by November 23 to additional tackle starvation aid.

“Nonprofits are on the entrance strains of addressing advanced societal challenges – understanding the wants and obstacles Arkansas faces whereas creating the options and providers to advertise financial development,” stated Heather Albright, Financial institution of America Arkansas president.

“As our state’s people and households proceed to work towards a greater future, Financial institution of America will proceed to offer capital and assets to assist take away obstacles to financial success and construct a extra sustainable group,” she added.

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