The Bank of America Charitable Foundation Monday announced more than $1.1 million in grants to dozens of Los Angeles nonprofit organizations that provide workforce development and education opportunities.
The selected charitable organizations play a critical role in connecting low-income individuals and families to financial education, job training, workforce development and mentoring at their point of need, according to bank officials.
“The social and economic benefits of employment have been proven time and time again, providing confidence, optimism and stability to our families,” said Raul A. Anaya, Los Angeles market president of Bank of America. “Our philanthropic investments are one way that we’re working to connect individuals in our community to the resources they need to lead financially stable lives.”
The Chrysalis Center, an organization dedicated to developing self- sufficiency for homeless and low-income people by providing the resources and support needed to find and retain employment, is among the recipients.
“Bank of America has been an important partner with Chrysalis for many years, supporting our efforts to help low-income people find jobs and become self-sufficient,” said Mark Loranger, president and CEO of Chrysalis. “We are delighted that they continue to provide much needed funding for workforce development programs in the Los Angeles community.”
Other grant recipients include the Boys & Girls Club of Carson, Children’s Hospital Los Angeles, Chinatown Service Center, Homeboy Industries, Jewish Vocational Service, the Los Angeles Brotherhood Crusade — Black United Fund Inc., the Mexican American Legal Defense and Educational Fund, Valley Economic Development Center Inc. and Young Women’s Christian Association of Greater Los Angeles.
— City News Service