Bank of America Awards $6 Million to Metro Detroit Nonprofits Focused on Economic Mobility

    DETROIT — Bank of America celebrated its annual “Day of Giving” in Detroit on Nov. 18, a day starting with connection and ending in gratitude. The day focused on connecting Bank of America’s teammates with its community partner organizations to see more closely and to understand how partnerships align to deliver and advance economic mobility and racial equality in metro Detroit. The day ended with a great thank you to those same partners who day in and day out serve southeast Michigan with innovative programming.

    Locally, Bank of America and its Foundation has committed more than $6 million in grants this year to more than 65 metro Detroit organizations. These organizations create pathways to employment and job training, support community development and housing affordability, address the small business eco-system and its entrepreneurs and drive healthy outcomes for communities through innovative health care delivery while supporting basic needs functions.

    Each grant is aimed at supporting thriving neighborhoods and add to the vibrancy of southeast Michigan. Grants, sponsorships, investments and volunteerism are all part of the bank’s commitment to support individuals and families and the diverse and dynamic communities in which they live. The network of nonprofit organizations plays a crucial role in reaching people at their immediate point of need to connect them to programs and resources that provide some of the essential services that help people find their way to greater stability and economic advancement.

    “The continuing issues associated with the COVID-19 pandemic have threatened the physical and economic health of many in our community,” said Matt Elliott, President, Bank of America Michigan. “Through our commitment to and collaboration with community partners we aim to remediate health disparities, shore up access to employment and job training, support housing, and provide for small business development and growth — with a common goal of removing barriers to afford opportunities. We enthusiastically pursue innovative pathways to these outcomes, and we are proud to assist people and programs devoted to building strong and resilient communities and thriving neighborhoods.

    “Over the past decade we have committed more than $36 million to support initiatives that serve a diverse and deserving community,” Elliott added. “And we do more than just write checks. We’ve activated these investments with more than 200,000 volunteer hours logged by our teammates across the city, region and state.”

    Organizations receiving grants this year include: 


    Accounting Aid Society

    Alternatives for Girls

    American Forests

    Big Brothers Big Sisters of Metropolitan Detroit

    Black United Fund of Michigan

    Boys & Girls Clubs of SE Michigan

    Build Institute

    Catholic Charities of SE Michigan

    Central Detroit Christian Community Development Corp.

    Chaldean American Ladies of Charity

    Citizenship Education Fund

    Close Up Foundation


    College for Creative Studies (Design Core)

    Community Development Advocates of Detroit

    Connect Detroit

    Corporation for Supportive Housing

    Covenant House Michigan

    Detroit Economic Growth Corporation

    Detroit Employment Solutions Corporation

    Detroit Future City

    Detroit Rescue Mission Ministries

    Develop Detroit, Inc.

    Eastern Market Corporation

    Enterprise Community Partners, Inc.

    Focus: Hope

    Food Gatherers

    Forgotten Harvest

    Gleaners Community Food Bank

    Global Detroit

    Goodwill Industries of Greater Detroit

    Great Lakes Women’s Business Council

    Greening of Detroit

    Habitat for Humanity Detroit

    Habitat for Humanity Huron Valley

    Habitat for Humanity Oakland County


    Hope Village Revitalization

    Independent Sector

    Invest Detroit Foundation

    Jefferson East, Inc.

    Jewish Family Services of Washtenaw County

    Junior Achievement of SE Michigan

    Lighthouse of Oakland County

    Living Cities Inc. – The National Community Development Initiative

    Local Initiatives Support Corporation

    Michigan Minority Supplier Development Council

    Motown Historical Museum

    National Faith Homebuyers

    Neighborhood Service Organization

    NPower Detroit

    Prosperous Detroit Micro Lending

    Ruth Ellis Center

    Safe Place Transition Center

    SAY Detroit

    Safe Place Transition Center

    SER Metro-Detroit

    Southwest Detroit Business Association

    Southwest Economic Solutions

    Sphinx Music Organization

    Teach for America

    The Edison Institute Inc. (The Henry Ford)

    Thurgood Marshall College Fund

    United Negro College Fund

    United Way for Southeastern Michigan

    Urban Neighborhood Initiatives

    Wayne State University Research & Technology Park

    Wayne State University

    YMCA of Metropolitan Detroit

    A very special component of Bank of America’s Day of Giving was GIVE, the event that culminated the day’s activities where the bank celebrated its local partners, acknowledges its Student Leaders, awards its annual Neighborhood Builders awardees and uses this special day to highlight special initiatives.  

    HAVEN and Develop Detroit are Detroit’s 2021 Neighborhood Builders. Each organization will receive a $200,000 grant over two years in unrestricted funds, comprehensive leadership training for the executive director and an emerging leader on topics ranging from increasing financial sustainability, human capital management and strategic storytelling, and joins a network of peer organizations across the U.S. to increase their impact in the community through program expansion coupled with leadership training for their executive and rising leader.

    HAVEN, in Pontiac, is Oakland County’s only comprehensive program for victims of domestic violence and sexual assault. Founded more than 40 years ago, HAVEN provides shelter, counseling, advocacy, and educational programming to nearly 30,000 domestic violence victims annually.

    HAVEN will utilize the Neighborhood Builders grant to invest in prevention education and create a community outreach position to make new connections with service providers and historically underserved populations.

    Develop Detroit was born during the City of Detroit’s bankruptcy to focus on housing stability and real estate investment. Develop Detroit builds and designs attractive mixed-income communities and single-family homes across Detroit, utilizing an integrated approach to stabilize and grow neighborhoods.

    The Neighborhood Builders grant provides Develop Detroit with flexible funds that help support staff to analyze new investment opportunities to grow the number of owned and operated apartments. Also, the award is critical to the expansion of its services platform, enabling Develop Detroit to provide resources more directly to the most important stakeholders, its residents.

    Since 2004, Bank of America has invested more than $280 million in 50 communities, partnering with more than 1,400 nonprofits, and helping more than 2,800 nonprofit leaders strengthen their leadership skills through the Neighborhood Builders program.