Business
Bank of America Commits $250M to Address Hunger and Other Basic Needs for Families in Communities Around the Country
Bank of America today announced a $250 million commitment over the next five years to support families and individuals experiencing food insecurity and other basic needs in communities nationwide. This investment builds on the company's long-standing support in this area, as it currently provides annual philanthropic funding to more than 1200 organizations that focus on combatting hunger and other related needs.
About this update from Bank Of America Corporation
[{"type":"text","content":"Commitment Over the Next Five Years Includes $5 Million of Immediate Assistance for Families in Local Communities Across the U.S. ","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., Oct. 31, 2025 /PRNewswire/ -- Bank of America today announced a $250 million commitment over the next five years to support families and individuals experiencing food insecurity and other basic needs in communities nationwide. This investment builds on the company's long-standing support in this area, as it currently provides annual philanthropic funding to more than 1200 organizations that focus on combatting hunger and other related needs.","length":466,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Bank of America Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Bank of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vBL7vueTUitsFOJUBxvDrQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1612970/Bank_of_America_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As part of its new commitment, Bank of America will deliver $5 million to nearly 100 nonprofit organizations currently addressing urgent food needs for individuals and families. This move will help ensure these organizations can address increasing needs at the local level.","length":273,"tagName":"p"},{"type":"text","content":""Our ongoing commitment to the needs of the local communities where we work and live is foundational to who we are at Bank of America," said Sheri Bronstein, Chief People Officer at Bank of America. "We work closely with food banks, food pantries, and other basic needs-focused organizations every day, and this new commitment builds on decades of giving, volunteering, and partnership."","length":407,"tagName":"p"},{"type":"text","content":"In addition to philanthropic support, Bank of America employees plan to volunteer more than 100,000 hours between now and the end of the year to assist organizations focused ...