Catalyst Miami Receives Basic Human Services Grant from Bank of America Charitable Foundation

For Immediate Release
December 31, 2014

Reporters May Contact:

Carla Moreira Strickland, 786-414-1292

Catalyst Miami Receives Basic Human Services Grant from Bank of America Charitable Foundation

Miami, FL – Catalyst Miami announced that it has been named a recipient of the Bank of America Charitable Foundation’s 2014 Basic Human Services Grant. The grant is part of a $461,500 collective investment the bank is making in South Florida to address issues related to basic human services. The grants will help individuals and families address financial stability issues facing low-income communities, provide emergency shelter and supportive short-term housing, as well as provide access to benefits and resources including food pantries, shelters and financial coaching.

For years, Bank of America has invested in basic human services grants throughout South Florida. This year alone, the grants will impact approximately 810,622 individuals in South Florida.

“It is crucial to assist in supporting basic human needs in Miami so we can build a healthy and successful community. Through the Basic Human Services Grant, Bank of America is making a lasting impact and we are honored to be a recipient,” said Gretchen Beesing, CEO. “Bank of America provides a great example of the potential of corporate social responsibility with this grant and a model for investing in nonprofits who are serving the critical needs of those in their local communities.”

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Catalyst Miami

Founded in 1995 as a Miami-based nonprofit 501(c)3 organization, Catalyst Miami, formerly the Human Services Coalition (HSC), identifies and launches innovative strategies to help people and communities thrive and to create a more equitable and caring society. We work through a network of partner organizations, linking people with financial education, healthcare information, public benefits and educational and economic opportunities. Our programs promote economic self-sufficiency, participation in civic life, organizational strength, and respect across many divides. We inspire people to get involved and prepare them to step up to leadership roles that lead to long-term community transformation.  Learn more at www.catalystmiami.org and follow us on Twitter @CatalystMiami.

Bank of America Corporate Social Responsibility

Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.