Bank of America Names North Charleston based Metanoia as Neighborhood Champion in Recognition of Work to Advance Economic Mobility in Charleston

Program Provides $50,000 in Grant Support and an Opportunity for Virtual Leadership Training
 
Charleston, S.C.— Bank of America today announced Metanoia as a Neighborhood Champion, a recognition that includes both grant funding and leadership training. The Neighborhood Champions program supports the role strong nonprofit leaders play in advancing economic mobility and is an extension of the bank’s signature philanthropic initiative,

Neighborhood Builders®, the largest corporate philanthropic investment in nonprofit leadership in the country. Alongside Charleston, the bank will bring the program to over 40 additional communities across the U.S. this fall as part of its commitment to investing in the long-term health of communities.
 
Metanoia (www.pushingforward.org) will receive $50,000 in grant support through the program and an opportunity for engagement in virtual leadership training delivered by experts in the nonprofit sector. Metanoia was selected as the 2020 Neighborhood Champion for their leadership and dedication to investing in assets that strengthen neighborhoods and develop opportunities that harness the capacity of the community’s citizens. This funding will support Metanoia’s efforts and programs within their three core areas of focus: creating a safe and nurturing place for children after school and during the summer; establishing quality, affordable housing; and the economic re-energizing of the Chicora-Cherokee neighborhood. Additionally, the opportunity for leadership training will strengthen Metanoia’s effectiveness in meeting current and future needs in its community.
 
Bank of America has a long-standing relationship with Metanoia. This summer, the bank sponsored the Metanoia Youth Leadership Academy’s (MYLA) “Bridge to the Future” program, which helps create access to first-generation post-secondary education opportunities. The partnership provided college preparedness training to the prospective first-generation college students who attend the MYLA programs to help prepare Metanoia’s young leaders as they embark on the next journey of their education and their lives.
 
“As we consider many of the challenges that our communities are facing – from the impacts of the coronavirus to the need for progress on racial equality and economic opportunity – the Neighborhood Champions program is a relevant and timely initiative to support the communities we serve,” said Mark Munn, Charleston/Hilton Head Market President for Bank of America. “This program enables partners like Metanoia to plan strategically for growth and long-term sustainability, and we look forward to seeing how this investment helps Metanoia make even greater strides in their mission to build leaders, establish quality housing and generate economic development.”
 
The Neighborhood Champions program is invitation-only for nonprofits who are poised to take their work to the next level. Leading members of the community participated in a collaborative selection process to identify this year’s awardee. Examples of the topics for the virtual leadership training awarded include human capital management, increasing financial sustainability, and storytelling.
 
“The Neighborhood Champion Grant could not have come to Metanoia at a better time.  The award is helping us not only survive but thrive in the midst of a challenging season,” said Bill Stanfield, CEO of Metanoia “We are encouraged by the financial support and mentorship that Bank of America is providing our efforts to invest in our neighborhood’s assets to build leaders, establish quality housing and generate economic development.”
 
Since the program’s inception last year, Bank of America has invested $4.2 million in 84 organizations within 42 communities through the Neighborhood Champions program. The Neighborhood Champions program in Charleston will strengthen the bank’s commitment to advancing economic mobility and nonprofit leadership.
 
Bank of America has supported Charleston in 2020 with over $700,000 to assist our community partners in providing services to those in need.

At Bank of America, 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).
               
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email alerts.
 
www.bankofamerica.com