Bank of America Charitable Foundation Awards $355,000 in Grants to Portland-Area Nonprofits Advancing Workforce Development & Education (The Oregonian, June 12, 2015)
By Bank of America – Oregon & SW Washington
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PORTLAND, OR. – The Bank of America Charitable Foundation today announced $355,000 in grants to 24 nonprofits focused on providing access to workforce development and education opportunities in Portland and Vancouver. These grants are part of the bank’s broader philanthropic investment in helping individuals and families improve their economic stability.
“Bank of America recognizes that jobs and education are interconnected and play a critical role in advancing economic development in Portland and Vancouver, so this funding specifically supports programs that help the unemployed and underemployed connect with employment success,” said Roger Hinshaw, Market President for Bank of America in Oregon and southwest Washington. “If people have the skills and support they need to secure a stable job, they can begin to think about their overall financial security and future.”
One nonprofit receiving a grant is All Hands Raised, a local organization focusing on the important transition from high school to college and future careers. All Hands Raised will use the funding to implement a system to improve high school graduation, access to post-secondary education, and connecting youth ages 16-21 to increased school and employment opportunities.
“We are grateful for this critical investment from Bank of America,” said Dan Ryan, CEO of All Hands Raised. “The pipeline between K-12 schools to career has some cracks that can no longer persist. Fixing those cracks will take all of us coming together to offer hope for our students and prosperity for our economy.”
Some of the other organizations receiving funding and their areas of focus include:
- Clark Community College Foundation: to help fund their Pre-Apprenticeship Professional Edge program, a 40-hour training program that combines coaching, classroom learning and interactive application specifically tailored to manufacturing to more than 14,000 students this year. BofA has granted $65,000 to Clark College since 2011.
- PCC Foundation: to support their PCC Future Connect program serving 300 low-income and academically at-risk kids in Multnomah and Washington Counties.
- Right Brain Initiative: to expand their North Clackamas Right Brain Expansion & Imagine This! Summer Symposium which pairs 125 teachers and professional artists together to help better educate and achieve improved learning outcomes in the classroom. This grant will impact thousands of students across the Portland Metro area and 120 students in North Clackamas alone.
Additional organizations receiving grants include:
- Supporting financial education: Young Entrepreneurs Business Program, Financial Beginnings, Junior Achievement of Oregon and SW Washington and Cash Oregon
- Supporting small businesses/economic development: Alberta Kerr Centers Foundation, Greater Portland Partnership for Economic Advancement, Portland Business Alliance, Hispanic Metropolitan Chamber of Commerce and Impact NW
- Supporting higher education: Portland State University Foundation, Clark Community College Foundation, Literary Arts and Portland Community College Foundation
- Supporting youth and mentorship: Big Brothers Big Sisters Northwest, Camp Fire Columbia, Native American Youth and Family Center, New Avenues For Youth, Playworks and Self Enhancement Inc.
- Supporting education: I Have a Dream Foundation, Open Meadow Alternative Schools and Schoolhouse Supplies Inc.
These grants build on decades of philanthropic and employee volunteer support in the Portland area as part of a larger effort to help individuals and families build better money habits and find pathways out of poverty. According to the Portland Business Journal, Bank of America is Oregon’s 8th most generous corporate philanthropist.
To learn more about Bank of America’s corporate social responsibility efforts, visit www.bankofamerica.com/about and follow @BofA_Community.