Grants to 43 organizations across region focus on investing in basic needs and workforce development and education in disadvantaged and vulnerable communities
DALLAS-FT. WORTH – Bank of America today announced more than $1.3 million in grants to 43 North Texas nonprofits to help drive economic opportunity for individuals and families. Grants focus on workforce development and education to help individuals chart a path to employment and better economic futures, as well as basic needs fundamental to building life-long stability. Specifically, funding will support programs focused on workforce development, food insecurity, affordable housing, and reliable transportation.
This funding comes at a dire time for the metroplex. According to the U.S. Census, no metro area in the country grew more last year than Dallas-Ft. Worth, adding almost 100,000 new residents. This growth is increasing demand on education, housing, and other resources, decreasing access and affordability.
With access to immediate and basic needs, such as food, shelter, health resources and housing, individual and families are better positioned to build and maintain a path toward stability and economic opportunity. Recognizing this impact, the bank is directing funding to organizations providing critical services and resources that are fostering a diverse workforce and supporting individuals and families to succeed.
“This recent philanthropic investment in Dallas-Ft. Worth nonprofits is just one way Bank of America deploys capital locally to help remove barriers to economic success and build a more sustainable community,” said Mike Pavell, President, Bank of America Fort Worth.
Sacher Dawson, Executive Director of HOPE Farm said “Bank of America continues their long tradition of supporting our mission and leading the way in making a difference in Fort Worth. The funding has an obvious effect but the support from a brand as well-known, and trusted, as Bank of America also helps us build our brand and spread our message so we can continue to change lives.”
Employment is a key driver of economic mobility in the Dallas-Ft. Worth metroplex. That’s why the bank is focused on building pathways to employment by supporting a range of workforce development and educational opportunities that will help vulnerable individuals and families stabilize and advance.
Organizations receiving grants include:
Allen Community Outreach
Children’s Advocacy Center of Collin County
First Choice Social Services
Frisco Family Services Center
Hope Clinic of McKinney
Meals On Wheels Collin County
Plano Improvement Corporation
The Samaritan Inn
Behind Every Door Ministries
Big Brothers Big Sisters Lone Star
Boys & Girls Clubs of Greater Dallas
Catholic Charities of Dallas
The Dallas Foundation
Medisend College Of Biomedical Engineering Technology
Network Of Community Ministries
Paul Quinn College
Phoenix Houses of Texas
Resource Center of Dallas
Southern Dallas Link
State Fair of Texas
The Salvation Army
Trinity Park Conservancy
Visiting Nurse Association of Texas
ACH Child And Family Services
Boys & Girls Clubs of Greater Tarrant County Inc
Catholic Charities Diocese of Fort Worth
Center For Transforming Lives
Communities In Schools of Greater Tarrant County Inc
Cristo Rey Fort Worth Study Program Inc
Grapevine Relief and Community Exchange
Hope Farm Inc
Ladder Alliance Inc
Meals-On-Wheels Inc of Tarrant
The Arlington Life Shelter
W I Cook Foundation Inc
Women’s Center of Tarrant County Inc
UT Arlington Military and Veteran Services
Texas Health Resources Foundation
Texas Christian University
These grants build on the $25 million Bank of America provided to organizations in North Texas since 2017. These grants are part of the company’s commitment to responsible growth as it works to improve the financial lives of individuals, families, and entire communities. Philanthropic and volunteer investments continue to play a key role in this effort to build thriving communities.
Beyond local grant funding, Bank of America announced an expanded $1.25 billion, five-year commitment to help advance racial equality and economic opportunity across the country last year. The commitment, which further accelerates work already underway, supports investments that create opportunity for people and communities of color in the areas of health and healthcare, jobs and reskilling, support for small businesses, and affordable housing.