Bank Of America Awards Community Grants To Local Groups

The Bank of America Charitable Foundation recently announced $260,000 in grants to nine nonprofits on Long Island focused on providing access for unemployed and underemployed people, veterans, youth and those with disabilities, to job opportunities, training and mentoring programs to ensure academic and career success. These grants are part of Bank of America’s broader philanthropic investment in helping Long Island residents lead stronger financial lives.
Low- and middle-income residents of Long Island are still struggling to find jobs due to the skills divide and a need for job training and post-secondary education. Helping individuals attain these skills is critical to growth in the state. The recognized nonprofits play a vital role in connecting low-income people to employment and academic opportunities at their point of need.

“When a person has the ability to secure a stable job, he or she
can begin planning for a financially secure future,” said Bob Isaksen, president, Long Island Market, Bank of America. “The organizations receiving these grants are helping build the strength of Long Island’s workforce, impacting the lives of individuals and bettering our communities.”

Local organizations receiving grants and specific programs to benefit include:

BankOfAmerica_090415AAccelerate Long Island Foundation
To establish a mentoring program that  assists high technology
entrepreneurs in launching their startups.

BankOfAmerica_090415B• Hope for Youth
To expand a mentoring program for youth who have significant mental health and/or substance abuse challenges.



• Literacy Nassau, Inc.
To offer free one-on-one language tutoring and instruction for adults who are not enrolled in school.

BankOfAmerica_090415D• LI Against Domestic Violence
To support a program that assists domestic violence victims in evaluating their financial situation and discovering employment options.




• Mercy Haven, Inc. To bolster a program that helps secure part-time supported employment positions for Mercy Haven residents.






BankOfAmerica_090415F• Nassau Community College Foundation, Inc.
To create a program that provides Latino immigrants with hospitality career skills training.




BankOfAmerica_090415GUnited Veterans Beacon House
To support a program that connects unemployed veterans with green tech training and career placement assistance in emerging green careers.




BankOfAmerica_090415H• United Way of Long Island
To support job readiness programs: YouthBuild, which assists low-income young people and veterans in attaining their TASC diploma while learning hands-on job skills and the Summer Youth Employment Program, which connects underserved teens with paid summer employment opportunities.
• West Islip Youth Enrichment Services, Inc.
To grow a program that helps local high school students build employment search skills.

These grants build on years of philanthropic and employee
volunteer support on Long Island as part of a larger effort to help people build better money habits and find pathways out of poverty. These efforts contribute to Bank of America’s 10-year goal to invest $2 billion in nonprofit organizations engaged in improving the health and vitality of communities.

To learn more about Bank of America’s Corporate Social Responsibility programs and practices, visit and follow the company on Twitter @BofA_News and @BofA_Community.

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