Thursday, February 22, 2007

PND - News - Bank of America Charitable Foundation Launches Fourth Year of Neighborhood Excellence Initiative

This article (again, from Philanthropy News Digest) describes the amazing initiative of the Bank of America Foundation:

PND - News - Bank of America Charitable Foundation Launches Fourth Year of Neighborhood Excellence Initiative

My organization secured this award in 2004-5, and it has had an amazing impact on our growth.

The student awards are also very easy to fill out, and are a great way to recognize the important contributions of our country's young people.

They have three types of grants:

Neighborhood Builders
We fund $200,000 (or local market currency equivalent) for operating support to 2 nonprofit/charitable organizations in each of
44 markets.

Local Heroes
We donate $5,000 (or local market currency equivalent) to an eligible charitable nonprofit/charitable organizations, selected by each of 5 Local Heroes in 44 markets.

Student Leaders
Five young adults in each of the 44 markets participate in rigorous internship and leadership programs.