Bank of America donates $900,000 to Bay Area nonprofits

Bank of America has awarded grants totaling $900,000 to Bay Area nonprofits.  As reported in San Francisco Business Times, four organizations won $200,000 unrestricted grants as part of Bank of America Charitable Foundation’s Neighborhood Excellence Initiative. They are Community Housing Partnership and Renaissance Entrepreneurship Center in San Francisco and Urban Gardens and Oakland Ballet Company in the East Bay.  In addition to these large unrestricted funds winners, the bank honored five community leaders in both San Francisco and the East Bay with a $5,000 donation to the nonprofit of the winner’s choosing. The program also honors local high school students, five from both San Francisco and the east Bay with a paid eight-week internship and other leadership training support.  Starting in 2009, the bank has a 10-year goal to give away $2 billion to community nonprofits.