Charlotte, N.C., December 2, 2009, Philanthropy News Digest - Bank of America has announced the recipients of its 2009 Neighborhood Excellence Initiative (NEI), which includes nonprofits in 44 U.S. communities and London that will receive investments totaling $20 million.???
Charlotte, N.C., November 17, 2009, The Charlotte Observer — As part of a new strategic focus on emergency needs, the Bank of America Charitable Foundation has committed $1 million to seven nonprofits that are aiding Charlotteans hurt by the recession.
LOS ANGELES, October 28, 2009 — Nonprofit Finance Fund (NFF), a national
leader helping nonprofits strengthen their financial health, today announced
that it is working with the California Community Foundation and the Bank of
America Charitable Foundation to launch a new "Nonprofit Sustainability and
Effectiveness Initiative" in Los Angeles. This initiative provides local
nonprofits facing financial challenges with working capital loans and
financial consulting services. This will be an unprecedented collaboration
among Southern California's largest foundations to address the root causes of
financial hardship among nonprofit organizations. Ultimately, this will ensure
that critical community needs are met by a nonprofit sector facing record
demands due to the economic crisis.
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.
July 7, 2009 — When Major League Baseball All-Stars step to the plate during the 80th Midsummer Classic, they will have an added incentive to produce hits. In response to the growing need for emergency food assistance nationwide, the Bank of America Charitable Foundation will donate $5,000 for every recorded hit in the MLB All-Star Game to Feeding America, the nation's leading hunger-relief organization.
COLUMBIA, Md., June 17, 2009 — Merkle (www.merkleinc.com), one of the nation’s largest and fastest growing database marketing agencies, was recently honored with three 2009 “Benjamin Franklin Awards for Direct Marketing Excellence”, or “Bennies”, by the Philadelphia Direct Marketing Association. The awards were presented during a ceremony at the Farmhouse at People’s Light in Malvern, Pa. on June 4, 2009.
June 1, 2009, The Chicago Tribune — The 2009 Bank of America Chicago Marathon is already sold-out, but procrastinators can still finagle their way into the October race. And no, we don't mean sneaking onto the course.
Chicago philanthropist Richard Kiphart contributed generously to Barack Obama’s campaign and is glad he backed a winner.
Amid the debates over President Obama’s proposal to reduce tax breaks for affluent donors, a study released today shows that half of wealthy Americans say their charitable giving would be unaffected by the elimination of federal tax provisions designed, in part, to spur philanthropy.
A majority of affluent Americans say their charitable giving would be unaffected by the elimination of federal tax provisions designed, in part, to encourage philanthropy, according to a new study by Bank of America and Center on Philanthropy at Indiana University.
