McColl Launches Drive For Children & Family Services Center

Vision Brings Nine Agencies Together in One Facility



Apr 03, 2001, 01:00 ET from Bank of America Corporation

    CHARLOTTE, N.C., April 3 /PRNewswire/ -- Hugh McColl, chairman and chief
 executive officer of Bank of America (NYSE:   BAC), kicked off a $7 million
 campaign for children and families today on The Square in center city
 Charlotte.
     The money raised will finance construction of a five-story Children &
 Family Services Center in First Ward to house nine community organizations
 that focus on improving life for children and families.
     "Nine non-profit organizations share a vision -- a lofty vision -- of
 meeting every need of every child and its family in Charlotte-Mecklenburg,"
 McColl said.
     McColl is co-chair for the drive along with Ed Crutchfield, recently
 retired chairman of First Union Corporation.  Those leading the contribution
 solicitations include six vice chairs with strong community and work ties.
     "I am pleased to announce that we have secured several lead gifts to kick
 off our campaign," McColl said.
     Bank of America has contributed $1 million, $500,000 is coming from the
 Harris Foundation and family and Coca-Cola Consolidated has pledged $100,000,
 for a total of $1.6 million, McColl announced.
     The Children & Family Services Center will house The Relatives (now known
 as YouthNetwork), Youth Homes, Council for Children, United Family Services,
 Community Link, Communities in Schools, Children's Law Center, A Child's Place
 and Smart Start.
     The building will be next door to the First Ward Recreation Center on a
 plot bounded by Davidson, Alexander, Fifth and Sixth streets, one block from a
 bus route and three blocks from the Charlotte Transportation Center.  It is
 also near Mecklenburg County court facilities.
     The City of Charlotte provided a 50-year ground lease for the two acres.
     The nine agencies will offer what drive leaders call "one-stop shopping"
 that will allow their clients to find solutions to multiple problems.  Agency
 leaders point out that shared administrative functions and collaborative
 approaches will strengthen their advocacy efforts while saving more than
 $500,000 a year in operating costs.
     The nine agencies will occupy about half the building's 100,000 square
 feet of space.  The remainder will be leased to third parties and will be
 available to accommodate growth.
     McColl said money continues to flow into the drive.  The nine agencies
 themselves, in concert with the United Way of Central Carolinas, have
 contributed $400,000.  Seven of the agencies are funded by the United Way.
 McColl thanked Gloria Pace King, executive director of the United Way, the
 nine agency directors and their boards for their generosity.
     Innovative technology will be built in to the new facility to allow the
 nine agencies to improve information management systems and increase internal
 and external communications, making them more comprehensive and efficient.
     Vice chairs of the fund drive are: Chuck Cooley, corporate personnel
 executive for Bank of America; Ned Davis, president of The Colville Group;
 Graeme Keith, chairman of The Keith Corporation; Tom Nelson, president and CEO
 of National Gypsum Company; John Stedman, retired chairman and CEO of Republic
 Bank and Trust; and Vicki Wilson McElreath, managing partner for
 PriceWaterhouseCoopers.
 
 

SOURCE Bank of America Corporation
    CHARLOTTE, N.C., April 3 /PRNewswire/ -- Hugh McColl, chairman and chief
 executive officer of Bank of America (NYSE:   BAC), kicked off a $7 million
 campaign for children and families today on The Square in center city
 Charlotte.
     The money raised will finance construction of a five-story Children &
 Family Services Center in First Ward to house nine community organizations
 that focus on improving life for children and families.
     "Nine non-profit organizations share a vision -- a lofty vision -- of
 meeting every need of every child and its family in Charlotte-Mecklenburg,"
 McColl said.
     McColl is co-chair for the drive along with Ed Crutchfield, recently
 retired chairman of First Union Corporation.  Those leading the contribution
 solicitations include six vice chairs with strong community and work ties.
     "I am pleased to announce that we have secured several lead gifts to kick
 off our campaign," McColl said.
     Bank of America has contributed $1 million, $500,000 is coming from the
 Harris Foundation and family and Coca-Cola Consolidated has pledged $100,000,
 for a total of $1.6 million, McColl announced.
     The Children & Family Services Center will house The Relatives (now known
 as YouthNetwork), Youth Homes, Council for Children, United Family Services,
 Community Link, Communities in Schools, Children's Law Center, A Child's Place
 and Smart Start.
     The building will be next door to the First Ward Recreation Center on a
 plot bounded by Davidson, Alexander, Fifth and Sixth streets, one block from a
 bus route and three blocks from the Charlotte Transportation Center.  It is
 also near Mecklenburg County court facilities.
     The City of Charlotte provided a 50-year ground lease for the two acres.
     The nine agencies will offer what drive leaders call "one-stop shopping"
 that will allow their clients to find solutions to multiple problems.  Agency
 leaders point out that shared administrative functions and collaborative
 approaches will strengthen their advocacy efforts while saving more than
 $500,000 a year in operating costs.
     The nine agencies will occupy about half the building's 100,000 square
 feet of space.  The remainder will be leased to third parties and will be
 available to accommodate growth.
     McColl said money continues to flow into the drive.  The nine agencies
 themselves, in concert with the United Way of Central Carolinas, have
 contributed $400,000.  Seven of the agencies are funded by the United Way.
 McColl thanked Gloria Pace King, executive director of the United Way, the
 nine agency directors and their boards for their generosity.
     Innovative technology will be built in to the new facility to allow the
 nine agencies to improve information management systems and increase internal
 and external communications, making them more comprehensive and efficient.
     Vice chairs of the fund drive are: Chuck Cooley, corporate personnel
 executive for Bank of America; Ned Davis, president of The Colville Group;
 Graeme Keith, chairman of The Keith Corporation; Tom Nelson, president and CEO
 of National Gypsum Company; John Stedman, retired chairman and CEO of Republic
 Bank and Trust; and Vicki Wilson McElreath, managing partner for
 PriceWaterhouseCoopers.
 
 SOURCE  Bank of America Corporation