Bank of America awards $4.2M in grants to 75 nonprofits

ByROI-NJ Staff(New Jersey)

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.”

Vicky Hernandez, executive director of Ironbound Community Corp., said the support from Bank of America will enable her group to deepen its work and impact around ensuring an equitable neighborhood and city through eviction prevention and affordable housing preservation.

“Building community by investing in our children and families is key to the work we do at Ironbound Community Corp.,” she said. “As we continue this important work, we are grateful for Bank of America’s support and are eager to expand on our programs to uplift the community, not uproot.”

Here’s a look at all the groups receiving grants, according to BofA:

• Affordable Housing Alliance
• African American Chamber of Commerce
• America’s Grow-a-Row
• Bergen County’s United Way
• Boys & Girls Club of Newark
• Boys & Girls Club of Mercer County
• Boys & Girls Clubs of New Jersey
• Center for Non-Profits
• Central Jersey Housing Resource Center
• Community FoodBank of New Jersey
• Community Foundation of New Jersey-Newark Summer Youth Employment Program
• Community Hope
• Corporation for Supportive Housing
• Council of New Jersey Grantmakers
• Count Basie Center for the Arts
• CUMAC ECHO
• Elijah’s Promise
• Elizabeth Development Co.
• Eva’s Village
• Fairleigh Dickinson University-Veterans Launching Ventures
• Father Center of New Jersey
• Focus NJ – The Center for Economic Research & Workforce Solutions
• Fulfill
• Garden State Episcopal CDC
• George Street Playhouse
• Greater Newark Conservancy
• Habitat for Humanity of Greater Newark
• Hamilton Partnership for Paterson
• HANDS
• HISPA
• Hispanic Chamber of Commerce
• Homefront Inc.
• Homeless Solutions
• Housing and Community Development Network of N.J.
• Housing Partnership of Morris County
• Interfaith Neighbors
• Ironbound Community Corp.
• Isles
• Junior Achievement of New Jersey
• La Casa de Don Pedro
• Liberty Science Center
• MillHill Child and Family Development Corporation
• Montclair Art Museum
• Morris Habitat for Humanity
• New Brunswick Tomorrow
• New City Kids
• New Community Corp.
• New Jersey Citizen Action
• New Jersey Community Capital
• New Jersey Small Business Development Centers
• New Jersey Theatre Alliance
• Newark Arts Council
• Newark Museum
• New Jersey City University
• New Jersey Future
• NJCDC
• New Jersey Performing Arts Center
• Northern Ocean Habitat for Humanity
• Norwescap
• Nourish
• NPower
• Oasis a Haven for Women & Children
• Parker Family Health Center
• Paterson Habitat for Humanity
• Paterson Task Force for Community Action
• Rising Tide Capital
• Paul’s CDC
• Table to Table
• TASK
• The Hoboken Shelter
• Trenton Health Team
• Urban League of Essex County
• WomenRising
• York Street Project

Credit: https://www.roi-nj.com/2021/11/30/finance/bank-of-america-awards-42m-in-grants-to-75-nonprofits/