Bank of America Invests $2.3 Million in Tampa Bay in 2023

TAMPA, Fla. – As part of its longstanding commitment to supporting economic opportunity and local communities, Bank of America invested $2.3 million across Tampa Bay in 2023 through philanthropic grants and sponsorships. The support is helping Tampa thrive with a particular focus on food insecurity, affordable housing, and workforce development.

The bank is a long-time supporter of workforce and skills development programs, such as the Pinellas Education Foundation Summer Internship Program, which offers a unique opportunity for students to gain hands-on work experience while learning life skills and exploring future career opportunities in a professional setting. Additionally, through the Neighborhood Builders program, one of the largest philanthropic investments into nonprofit leadership development in the nation, Bank of America awarded both Vincent House and Starting Right, Now with a $200,000 grant to support programs and services addressing youth homelessness and workforce opportunities for people recovering from mental illness.

In addition to philanthropic investment from the company, bank employees volunteered 45,000 hours in Tampa, including food drives for Feeding Tampa Bay and Metropolitan Ministries, and collected school supplies for Pinellas and Hillsborough Education Foundations.

“Nonprofit organizations understand the needs and obstacles Tampa Bay faces, uniquely positioning them to develop solutions and services to promote economic opportunity,” said Bill Goede, president, Bank of America Tampa Bay. “Bank of America will continue to deploy capital and resources to tackle the barriers embedded within our community and create real impact in the lives of the Tampa Bay individuals and families we serve.”

These efforts reflect the bank’s commitment to addressing critical issues and long-term gaps by partnering with local leaders and organizations to support diverse and women entrepreneurs, build job skills, support basic needs, and create opportunities to help people succeed today and in the future.