Food Bank For New York City and Bank Of America Announce Five Borough Initiative to support Food Bank Member Organizations
FOOD BANK FOR NEW YORK CITY AND BANK OF AMERICA ANNOUNCE FIVE BOROUGH INITIATIVE TO SUPPORT FOOD BANK MEMBER ORGANIZATIONS
December 19, 2011
~ $25,000 grant will be allocated across member organizations in all five boroughs ~
New York, NY – December x, 2011 – Food Bank For New York City – the city’s major hunger-relief organization working to end food poverty throughout the five boroughs – today announced the Five Borough Initiative with Bank of America. This new program, developed in response to an increase in the number of New Yorkers struggling to afford food, identifies a high needs, high performance member organization in each of the five boroughs. Each organization, including the Food Bank For New York City’s Community Kitchen in West Harlem, will receive $5,000 to support their services during this time of economic strain.
St. John’s Baptist Church in Queens, Trinity Lutheran Church in Staten Island, Bed Stuy Campaign Against Hunger in Brooklyn, and Evangelistic Outreach, Inc. in the Bronx, will each receive new freezers or refrigerators as their part of the grant. This investment in needed equipment will enable these organizations to continue supporting the communities and clients that depend on their services. The Food Bank For New York City’s Community Kitchen in West Harlem will direct the $5,000 grant towards the purchase of food in order to accommodate a 30 percent growth in client need over the last year.
Across the country Bank of America has put extensive resources behind hunger relief and food insecurity programs. The company recently activated their Gift for Opportunity Fund, which will distribute more than $1.5 million to Feeding America and its member agencies, including the Food Bank For New York City, this holiday season. The Five Borough Initiative is a new addition to Bank of America’s significant annual funding, which has supported the Food Bank’s general operations for many years.
"As we enter the holiday season, we are very grateful to Bank of America for their continued and growing commitment to hunger-relief and for their ongoing support of our member organizations during this time of exceptional need," said Margarette Purvis, President and CEO of the Food Bank For New York City. “With the launch of the Five Borough Initiative, the Food Bank and our member agencies will be able to continue providing vital services to vulnerable New Yorkers citywide.”
"The Five Borough Initiative will expand the Food Bank’s impact, which is saying something given their extraordinary track record of success in addressing one of the city’s greatest challenges,” said Jeff Barker, Bank of America New York City president. “This next step in our longstanding partnership is a direct reflection of Bank of America’s philanthropic priorities for the coming year.”
About the Food Bank For New York City
Food Bank For New York City recognizes 28 years as the city’s major hunger-relief organization working to end food poverty throughout the five boroughs. As the city’s hub for integrated food poverty assistance, the Food Bank tackles the hunger issue on three fronts — food distribution, income support and nutrition education — all strategically guided by its research. Through its network of community-based member programs citywide, the Food Bank helps provide 400,000 free meals a day for New Yorkers in need. The Food Bank’s hands-on nutrition education program in the public schools reaches thousands of children, teens and adults. Income support services including food stamps, free tax assistance for the working poor and the Earned Income Tax Credit put millions of dollars back in the pockets of low-income New Yorkers, helping them to achieve greater dignity and independence. 94% of donations go directly toward food distribution, acquisition and programs in all five boroughs of New York City. Learn how you can help at foodbanknyc.org.
About Bank of America Corporate Philanthropy
Building on a long-standing tradition of investing in the communities it serves, Bank of America is delivering on a 10-year goal to donate $2 billion to nonprofit organizations engaged in improving the health and vitality of their neighborhoods. Funded by Bank of America, the Bank of America Charitable Foundation gave more than $200 million in 2010, making the bank one of the largest corporate cash donors in the United States. As a global company serving clients through operations in more than 40 countries, Bank of America approaches investing through a national strategy under which it works with local leaders to identify and meet the most pressing needs of individual communities. Reaffirming a commitment to develop and sustain a culture of service, bank associate volunteers contributed more than one million hours in 2010 to enhance the quality of life in their communities worldwide. For more information about Bank of America Corporate Philanthropy, please visit www.bankofamerica.com/foundation.