Bank of America Charitable Foundation Announces $250,000 Donation to Aid Southern California Fire Relief Efforts
BAC logo. (PRNewsFoto/BANK OF AMERICA)
CHARLOTTE, NC UNITED STATES
LOS ANGELES, Nov. 21 /PRNewswire/ -- The Bank of America Charitable
Foundation today announced it will contribute $250,000 to aid victims of the
Southern California wildfires. The funds will help agencies and nonprofits
such as the United Way Southern California Fire Relief Fund, including its
2-1-1 information line, Santa Barbara Tea Fire Response Fund and Operation
O.C., offer long-term assistance to people and communities impacted by the
fires.
"Southern Californians are in dire need of immediate and longer term aid,
and this grant helps support those needs as quickly as possible," said Janet
Lamkin, President of Bank of America California. "As one of region's top
private sector employers, Bank of America is making its resources available to
help restore strength and stability to our local communities."
Bank of America is also working directly with leaders in Orange, Los
Angeles and Santa Barbara counties to determine additional resource needs, and
will make its Team Bank of America Volunteer Network, consisting of thousands
of associates in Southern California, available to help fire victims.
Bank of America Corporate Philanthropy
Building on a long-standing tradition of investing in the communities it
serves, Bank of America will embark in 2009 on a new, ten-year goal to donate
$2 billion to nonprofit organizations engaged in improving the health and
vitality of their neighborhoods. Funded by Bank of America, the Bank of
America Charitable Foundation gave more than $200 million in 2007, making the
bank the most generous financial institution in the world and the second
largest donor of all U.S. corporations in cash contributions. Bank of America
approaches giving through a national strategy called "neighborhood excellence"
under which it works with local leaders to identify and meet the most pressing
needs of individual communities. Through Team Bank of America, bank associate
volunteers contributed more than 650,000 hours in 2007 to enhance the quality
of life in their communities nationwide. For more information about Bank of
America Corporate Philanthropy, please visit
http://www.bankofamerica.com/foundation .
