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Program Provides $50,000 in Grant Support and an Opportunity for Virtual Leadership Training
KNOXVILLE – Programs and services that are addressing Knoxville’s workforce shortage and lack of affordable, high-quality childcare will expand, helping more people chart a path toward economic opportunity with help from a multi-year grant from Bank of America. Boys & Girls Clubs of the Tennessee Valley has been named as the 2022 Bank of America Neighborhood Champion for their work in the Knoxville community removing economic barriers and advancing opportunity.
As part of the program, Boys & Girls Clubs of the Tennessee Valley will receive $50,000 in grant support and an opportunity for engagement in virtual leadership training delivered by experts in the nonprofit sector on topics like human capital management, increasing financial sustainability, and storytelling.
“Boys & Girls Clubs of the Tennessee Valley is on the ground working closely with thousands of Knoxville students and families every day, allowing parents to work or further their education while their children are immersed in social, educational, and physical development,” said Terry Cline, president, Bank of America Knoxville. “It’s important that we direct not only capital but the necessary resources and training to help position the Clubs’ leadership team for long-term success as they grow strategically and make a positive impact.”
Boys & Girls Clubs of the Tennessee Valley is serving more than 6,700 students in after-school and summer programming through 21 clubs in five East Tennessee counties. Students participating in the College and Career Readiness programs have a nearly 100% graduation rate. The non-profit will use their grant funding to combat the current workforce shortage by investing in a leadership development program for its employees.
“We are thrilled to be Bank of America’s 2022 Knoxville Neighborhood Champion,” said Bart McFadden, President and CEO of Boys & Girls Clubs of the Tennessee Valley. “As we invest in the leadership skills and talents of our Club Professionals, we will strengthen the impact we are able to have on the youth, families, communities, and Clubs within those communities we serve.”
The invitation-only program is highly competitive, and organizations are selected by a committee comprised of community leaders and past Neighborhood Champion honorees.
The Neighborhood Champions program is an extension of the bank’s signature philanthropic initiative, Neighborhood Builders®, the largest corporate philanthropic investment in nonprofit leadership in the country. Through 2021, Bank of America has invested $6.3 million in 126 organizations within 42 communities through the Neighborhood Champions program.
Bank of America Environmental, Social and Governance
At Bank of America (NYSE: BAC), we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
