Bank of America Awards $4.2 Million in Grants
Looking to help drive economic opportunity and upward mobility, Bank of America announced Tuesday that it will be making more than $4.2 million in grants to 75 New Jersey nonprofits.
The grants, announced during “Giving Tuesday,” will be used by groups that focus on basic needs, affordable housing, workforce development and small business and economic revitalization, Bank of America New Jersey President Alberto Garofalo said.
“As part of our commitment to sustainable growth, helping local organizations address immediate short- and long-term needs has been key on our path of economic recovery,” he said. “By supporting New Jersey’s incredible network of nonprofits, Bank of America is providing philanthropic capital to help advance economic and social progress, establishing pathways to success and stability for our community.”