Bank of America donates nearly $800,000 across Arkansas

by Talk Business & Politics staff ([email protected]) 691 views 

Bank of America has provided a total of $795,000 across Arkansas this year through philanthropic grants and sponsorships, it disclosed this week.

The financial support aims to drive economic mobility and social progress across the state, including supporting local nonprofits such as the Arkansas Museum of Fine Arts, the Baptist Health Foundation, the Salvation Army’s financial literacy program, the Samaritan Community Center, and recently delivered bikes to children with Arkansas Stop the Violence.

Late last month, Bank of America donated $25,000 to the Arkansas Foodbank through its employee booster shot incentive program to help alleviate hunger, bringing the total amount that Bank of America has contributed to the organization in 2022 to $80,000.

Through its employee booster campaign, Bank of America donated $100 for each employee who recorded their COVID-19 booster by the end of January, which totaled $10.6 million in early 2022. The bank relaunched the campaign this fall and donated another $50 for each employee who registered a new vaccination – COVID-19 vaccine, COVID-19 booster or flu shot – by November 23 to further address hunger relief.

“Nonprofits are on the front lines of addressing complex societal challenges – understanding the needs and obstacles Arkansas faces while developing the solutions and services to promote economic advancement,” said Heather Albright, Bank of America Arkansas president.

“As our state’s individuals and families continue to work toward a better future, Bank of America will continue to provide capital and resources to help remove barriers to economic success and build a more sustainable community,” she added.