Bank of America's Neighborhood Excellence Initiative
Bank of America is committed to the economic strength and stability of the communities in which it does business.
The Neighborhood Excellence Initiative, Bank of Americas signature philanthropic program, focuses on developing relationships with and investing in strong nonprofits/charitable organizations with great leaders. The program offers leadership training and general operating support for growing nonprofits, recognizes a community's local heroes. The program is offered in Bank of America's forty-four markets. This year, the program goes international with a new market in London, England.
The Neighborhood Excellence Initiative invites applications for the following program components:
Neighborhood Builders: Provides grants of $200,000 each (or local market currency equivalent) for operating support to two nonprofit/charitable organizations in each of Bank of America's forty-four markets. Recipients also benefit from specially designed leadership development programs. To be considered for the Neighborhood Builders program, applicant organizations must be tax-exempt under section 501(c)(3) of the Internal Revenue Code or be registered with the Charity Commission for England and Wales (for the London market), and must be based and serve communities in any of the forty-four Neighborhood Excellence Initiative markets.
Local Heroes: Honors individuals who exemplify the highest standards in community service. The program provides donations of $5,000 each (or local market currency equivalent) to an eligible charitable nonprofit/charitable organizations, selected by each of five selected Local Heroes in the BoA's forty-four markets.
Neighborhood Builders: Provides grants of $200,000 each (or local market currency equivalent) for operating support to two nonprofit/charitable organizations in each of Bank of America's forty-four markets. Recipients also benefit from specially designed leadership development programs. To be considered for the Neighborhood Builders program, applicant organizations must be tax-exempt under section 501(c)(3) of the Internal Revenue Code or be registered with the Charity Commission for England and Wales (for the London market), and must be based and serve communities in any of the forty-four Neighborhood Excellence Initiative markets. Deadline: June 29, 2007.
