Bank of America Charitable Foundation Announces $50,000 Donation to Aid Southern California Fire Relief Efforts
LOS ANGELES, September 3, 2009 — The Bank of America Charitable Foundation today announced it will contribute $50,000 to aid communities impacted by the Southern California wildfires. The funds will help agencies and nonprofits, such as the American Red Cross, the Los Angeles County 2-1-1 Disaster Hotline, and the LA County Firemen's Relief Association. Bank of America associates and family members are also volunteering to be trained to provide 2-1-1 emergency call support.
"The speed of and acreage destroyed by these devastating fires have been startling, and have impacted so many families and emergency responders that Bank of America wants to help provide both immediate and longer-term aid," said Janet Lamkin, president, Bank of America California. "As one of region's top private sector employers, we are dedicating our philanthropic and associate volunteer resources towards immediate local relief. We will continue to assess impacts to communities and local services to determine if there's more we can do, particularly to help communities rebuild and recover."
Bank of America customers impacted by the fires are encouraged to contact their nearest banking center for additional assistance with their personal banking needs.
Bank of America Corporate Philanthropy
Building on a long-standing tradition of investing in the communities it serves, Bank of America this year embarked 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 2008, 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 investing 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 900,000 hours in 2008 to enhance the quality of life in their communities nationwide. For more information about Bank of America Corporate Philanthropy, please visit www.bankofamerica.com/foundation.