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Home Community News in Sebastian, Florida

Bank of America Grant to United Way Supports Economic Mobility in Indian River County

Tina Hodges by Tina Hodges
Aug 15, 2022 / 9:33 AM
A A
From left to right: David, L. Osgood, Susan Rabinowitz, Meredith Egan, Jeffrey Petersen, and Tammy Matthew

From left to right: David, L. Osgood, Susan Rabinowitz, Meredith Egan, Jeffrey Petersen, and Tammy Matthew

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For many years, Bank of America has worked with nonprofits, local organizations, and leaders across public and private sectors in the Treasure Coast to help drive economic mobility for vulnerable populations. Today, Bank of America continues this support with a $7,500 grant to United Way of Indian River County.

Through the bank’s partnership, the grant will be used to support 36 partner agencies and 45 programs that create long-lasting change in the local community. As a part of a continuing effort to advance the common good, United Way focuses on the building blocks for a quality life – health, education, and financial stability.

“We are so thankful for Bank of America’s partnership and commitment toward our financial stability impact area!” said Meredith Egan, Chief Executive Officer. “As these collaborations with key community stakeholders, like Bank of America, continue to grow, United Way can help more working families and individuals improve their financial literacy and stability.”

This grant is aligned with the bank’s broader efforts to advance economic opportunity and equity through health, jobs and reskilling, affordable housing, and small business. As part of those efforts, the bank has granted a total of $150,000 to 14 Treasure Coast nonprofits so far this year.

“Investing in this partnership is part of our approach to driving economic opportunity and social progress in Indian River County,” said Susan Rabinowitz, president, Bank of America Treasure Coast. “This grant is just one way we are deploying resources locally to help remove barriers to economic success and build a more sustainable community.”

In addition to its grant funding, Bank of America’s 243 Treasure Coast teammates pitch in roughly 2,900 volunteer hours yearly. With the constantly changing landscape, charitable grants and fundraising are critical to support the important work of our nonprofit partners. 

United Way of Indian River County

United Way of Indian River County, is a 501(c)(3) non-profit organization. They fight for the education, health, and financial stability of every community member. In addition, they work with local programs to provide resources to individuals and families in crisis & year-round to create lasting solutions and improve community conditions.

For more information about your local United Way, please call (772) 567-8900 or visit the United Way website.

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