Bank of America and HomeAid America Working Vigorously to Help the Homeless
NEWPORT BEACH, Calif., May 18, 2015 /PRNewswire/ -- HomeAid America announced a $250,000 two-year grant from the Bank of America Charitable Foundation. The investment will fund volunteer activities, including financial literacy education. HomeAid America and its 16 chapters will coordinate these efforts with its network of non-profit agency partners across the country.
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Bank of America has been a steadfast supporter of HomeAid America since 2004. Over the past 11 years of the partnership, the company has contributed more than $2 million to HomeAid America and HomeAid chapters, providing continuous and unwavering support to help house families and individuals in need.
"HomeAid provides meaningful support to individuals and families at their point of need and helps them move forward," said Kerry Sullivan, president of the Bank of America Charitable Foundation. "We're proud to partner with HomeAid to help raise awareness about critical needs issues and to connect individuals to tools and resources for better money habits which ultimately lead to a brighter economic future."
HomeAid will facilitate Bank of America employee volunteers to teach financial education classes that include such topics as budgeting, introduction to credit, keeping track of your money, savings, consumer rights and more – all part of the company's commitment to helping people build better money habits. These volunteer driven financial education classes are opportunities to strengthen the connection between individuals' and households' financial knowledge and their behavior.
"HomeAid has been blessed to have the active participation of Bank of America in our volunteer activities for years now," said Peter Simons, CEO of HomeAid America. "They are one of our leading volunteer partners and have shown what one company committed to making a difference in their community can do. It is truly inspirational and has touched the lives of thousands."
In addition, the bank has committed to fund HomeAid veteran projects in Sacramento, Riverside, and San Diego, California for outstanding service providers such as Volunteers of America, United States Veterans Initiative, and Interfaith Community Services. Hundreds of bank employees will also participate in HomeAid Care Days and Essentials For Young Lives campaigns throughout the country. During this campaign with the help of Bank of America volunteers, more than 1.5 million baby items such as diapers, wipes, clothing, and bottles will be collected, sorted and distributed to more than 50 non-profit service providers for the mothers and children living at their facilities.
About HomeAid America
HomeAid is a leading national non-profit provider of housing for homeless families and individuals. Through the generosity of builders, their trades and their suppliers, HomeAid has completed over 400 housing projects nationwide at a value of more than $200 million, of which nearly fifty percent has been donated by the building industry. Over 220,000 people have been sheltered by these housing projects over the past 26 years. HomeAid currently has over 50 additional projects in development across the country through HomeAid's network of 16 chapters in 11 states. For more information about HomeAid, call 1‑888‑3HOMEAID or visit www.homeaid.org.
MEDIA CONTACT:
HomeAid America: Peter Simons, 720-490-1900
SOURCE HomeAid America
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