Bank of America Campaign Raises $1.3M for STEM Scholarships

December 13, 2016

Bank of America and GeekWire announced that Geeks Give Back, its joint campaign that raises funds to support Washington students who are pursuing degrees in science, technology, engineering and math (STEM) and healthcare fields, has raised $1.27 million, surpassing its fundraising goal of $1 million in corporate and individual donations. All donations up to $250,000 were matched 100 percent by both Rubens Family Foundation and the State of Washington. The campaign, now in its second year, ran from October 1 through December 7, 2016.

All funds raised will be distributed by the Washington State Opportunity Scholarship (WSOS), which supports promising low- and middle-income students pursuing STEM careers through college scholarships, professional development and valuable industry exploration opportunities.

The Geeks Give Back campaign received an unprecedented amount of donations this year from individuals and organizations across the Puget Sound region, including Philanthropy Northwest members Alaska Airlines, Bank of America, The Boeing Company and Microsoft. The generosity of those who participated in Geeks Give Back allowed the campaign to raise double the funds it raised last year.

WSOS has supported more than 6,800 Washington students since its inception. Fifty-seven percent of participants are women; 59% are first-generation college students. Nearly half are students of color. 

Bank of America has also committed $40 million to connect 100,000 teens and young adults to the skills and employment experiences needed for 21st-century jobs. The company is dedicated to funding summer internships, education and job training, and providing support for diverse talent to help build a pipeline that will strengthen and enhance tomorrow’s workforce. In Washington state alone, over the past six years, Bank of America has provided more than $3.35 million in funding to local nonprofits, helping thousands of traditional and nontraditional students overcome systemic barriers to education and employment.  

“Investing in the education of Washington students who want to pursue STEM careers is the key to helping these students succeed and creating a thriving Washington State economy,” said Kim Vu, Puget Sound Corporate Social Responsibility Manager, Bank of America. “We’re honored to support WSOS and thrilled that Geeks Give Back surpassed its fundraising goal to provide students with opportunities for higher STEM education.”

For more information or to make a donation, visit GeeksGiveBack.org.