Business
BofA Awards $1 Million Grant to After School Matters
Bank of America has awarded a $1 million grant to After School Matters to fund the nonprofit's brand-new Orleans Teen Center, a state-of-the-art facility situated in the Cabrini neighborhood that will expand opportunities for teens through creative, career-focused youth programming. The grant brings the organization close to the finish line of its $27 million capital campaign.
About this update from Bank Of America Corporation
[{"type":"text","content":"Funds Orleans Teen Center Serving 1,500 Teens in Cabrini Community","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, Dec. 1, 2025 /PRNewswire/ -- Bank of America has awarded a $1 million grant to After School Matters to fund the nonprofit's brand-new Orleans Teen Center, a state-of-the-art facility situated in the Cabrini neighborhood that will expand opportunities for teens through creative, career-focused youth programming. The grant brings the organization close to the finish line of its $27 million capital campaign.","length":421,"tagName":"p"},{"type":"image","alt":"After School Matters Orleans Teen Center","displaySize":"","headline":null,"caption":"After School Matters Orleans Teen Center","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/836df08daf878a7060d22e224ad90bec"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SlIWl8q.Vktfk3DY5rWiTQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/836df08daf878a7060d22e224ad90bec","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2835407/BOFA_After_School_Matters_Orleans_Teen_Center.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The new teen center, which opened in November, will serve approximately 1,500 young people each year through learning, enrichment, and workforce and career development initiatives. The three-story building features vibrant studios, a theater, gymnasium, STEM labs, and gathering spaces where teens can explore their interests in the arts, technology, trades, and leadership.","length":374,"tagName":"p"},{"type":"text","content":"The building also features the Bank of America Teen Lounge, a welcoming space at the heart of the entryway, reflecting the bank's longstanding commitment to investing in Chicago's youth and supporting career pathways that strengthen communities.","length":253,"tagName":"p"},{"type":"text","content":""As Chicago's largest provider of out-of-school time programs for teens, After School Matters gives young people a safe, supportive space to explore their interests, build skills in the arts, leadership, sports, and STEM, and earn stipends that prepare them for their futures," said Rita Cook, president, Bank of Am...