Our Philosophy
“We believe, very simply, that it is the actions of individuals working together that build strong communities ... and that business has an obligation to support those actions in the communities it serves.”
Kenneth D. Lewis, CEO and President
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At Bank of America, we are committed to creating meaningful change in the communities we serve through our philanthropic efforts, associate volunteerism, community development activities and investing, support of arts and culture programming and environmental initiatives.
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We are building strong, healthy neighborhoods where all of us can live, work and dream by investing in innovative programs designed to serve local community needs.
Working in partnership with community leaders, Bank of America's local market leadership directs the majority of our giving through local grants that address pressing social, economic, and cultural needs of communities across our global footprint. In addition, we partner with national organizations such as the United Way of America and Habitat for Humanity International to direct resources to local communities. Through our signature philanthropic program, the Neighborhood Excellence Initiative®, we enhance nonprofits' ability to serve more individuals and families in need and develop nonprofit visionaries, local heroes, and students as our community leaders of today and tomorrow.
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At Bank of America, we are proud to support our associates who give their time, energy and financial resources to create better neighborhoods in the many communities we serve. Through generous Matching Gifts and Volunteer Grants programs, we encourage associates to direct charitable giving from the bank to organizations they support financially or through volunteerism. Each year, Team Bank of America volunteers donate more than 650,000 hours to help meet critical community needs across our global footprint.
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The Philanthropic Management group at Bank of America delivers expertise and a comprehensive suite of investment and charitable management services to help individuals and institutions build and sustain their missions. Philanthropic Management also provides discretionary grantmaking services for numerous foundations for which it serves as Trustee. Learn More>
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