Bank of America Invests $1.32 Million to Create Greater Economic Mobility Across Pacific and Inland Northwest

Bank of America Invests $1.32 Million to Create Greater Economic Mobility Across Pacific and Inland Northwest

Kim Vu, Senior Vice President of Enterprise Business and Community Engagement at Bank of America
October 9, 2017
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To support responsible growth in the Pacific and Inland Northwest, Bank of America is giving $1.32 million in grants to 78 nonprofits focused on economic development for individuals and families, along with workforce development and basic needs, such as hunger relief and services for the homeless. The funding is part of the company’s broader philanthropic investment in create pathways to economic mobility and support thriving communities.

The bank is partnering with local nonprofits such as Seattle Goodwill, United Way of King County, Greater Portland Inc., and Second Harvest Inland Northwest, which address the foundational barriers to economic mobility such as workforce development, education, and basic needs across the Puget Sound, Portland/Vancouver, Eastern Washington and parts of Idaho.

“While we’ve seen progress in our economy, today more than 7.7 million people are living in poverty across Idaho, Oregon and Washington. These individuals and families are struggling to meet their most basic needs and face tough choices on where to place limited resources,” said Kurt Walsdorf, Spokane and Boise market president for Bank of America. “Through these partnerships, we’re helping individuals of all socio-economic backgrounds realize their potential, find meaningful employment and chart a more successful future, all of which strengthens our communities.”

These grants are further enhanced by more than $1.13 million Bank of America employees donated to local nonprofits and 31,000 hours of volunteerism in 2016 across the region.

Idaho Partners:

  • Boise Public Schools Education Foundation, Boise Rescue Mission, Charitable Assistance to Communities Homeless, Children’s Village Inc., Coeur d’Alene Summer Theatre, Habitat for Humanity International Inc., Idaho Food Bank Warehouse, Junior Achievement of Idaho, Life’s Kitchen, The Momentum Group, Neighborworks Boise, North Idaho College Foundation, Safe Passage, United Way of Treasure Valley, Women’s and Children’s Alliance Inc.

Oregon Partners:

  • Albertina Kerr Centers Foundation, All Hands Raised, Dress for Success of Oregon, Financial Beginnings, Foodcorps, Girls Inc. of the Pacific Northwest, Greater Portland Inc., Hispanic Metropolitan Chamber of Commerce, Human Solutions, I Have a Dream Foundation of Oregon, Japanese Garden Society of Oregon, Junior Achievement of Oregon and SW Washington, Literary Arts, Meals on Wheels People, Open School, Portland Business Alliance Charitable Institute, Portland Children’s Museum, Portland State University Foundation, Schoolhouse Supplies, SE Works, Sunshine Division Portland Police Department

Washington Partners:

  • ArtsFund, Casa Latina, Catholic Charities of Spokane, Childcare Resources, Colleges Foundation,  District 17 Community Clark County Food Bank, Downtown Emergency Service Center, El Centro, Farestart, Financial Beginnings, Fish Food, Greater Spokane Low Income Housing, Hopelink, Hopeworks, Juma, Junior Achievement of Washington, Mary’s Place, Metropolitan Development Council, New Beginnings, Northwest Museum of Arts and Culture, Seattle Goodwill, Second Harvest Inland NW, Spokane Area Workforce Development Council, Spokane Hoopfest Association, Spokane Neighborhood Action Partners, Spokane Symphony Society, Tacoma Community House, The Salvation Army, United Way of King County, Urban League, Vanessa Behan Crisis Nursery, WA STEM, Women & Children’s Free Restaurant & Community Kitchen, Workforce Development Council, Young Men’s Christian Association of the Inland Northwest, Young Women’s Christian Association, Youthcare, YWCA - BankWork$, YWCA Clark County

To learn more about Bank of America’s corporate social responsibility efforts, visit www.bankofamerica.com/about and follow us on Twitter at @BankofAmerica.