Bank of America Charitable Foundation Seeks Grant Proposals From Nonprofits Addressing Local Workforce Development and Education Needs

The Bank of America Charitable Foundation is inviting U.S.-based nonprofit organizations to submit funding proposals for local programs that address the nation's high unemployment rate. The company will invest $15 million in workforce development and educational programs connecting individuals to employment success. The funding is part of the company's three-year, $50 million commitment announced at the White House last summer to support workforce development and education initiatives leading to economic self-sufficiency through employment.

Bank of America's funding is aimed at creating impact by helping the unemployed and underserved, including young people, gain the training and educational opportunities that translate into employment and postsecondary success. Funding will support job-training programs such as community college access programs for middle- and high-school students, technical assistance and training for small businesses, and nonprofit programs that connect unemployed workers with available job opportunities.

Applicant organizations must have 501(c)(3) tax-exempt status.

The workforce development Request for Proposals is an important component in Bank of America's intensifying focus on housing, jobs, and hunger. The company will issue an additional RFP related to hunger later this year.

For complete program information, eligibility quiz, and online application form, visit the Bank of America Web site

Contact:
Link to Complete RFP

Primary Subject: Community Improvement/Development