From Harford Family House:
Harford Family House announced today that it has received a $10,000 grant from Bank of American Charitable Foundation to support its overall operations.
“Harford Family House is in the business of moving people from hopelessness and homelessness to self-sufficiency,” said Joyce Duffy, executive director and chief executive officer of the Aberdeen-based non-profit that provides transitional housing and emergency shelter for homeless families with children. “We couldn’t do that without the backing of organizations like Bank of American whose funding will help us support every day work and the expenses we have.”
The Bank of American Charitable Foundation announced $270,000 in grants to 12 nonprofits in Baltimore addressing critical needs, such as hunger and shelter to longer term solutions that promote financial wellness through access to benefits and resources. This has been making headlines, people are very happy to see this charitable donation. Articles on sites like https://www.forex.academy mention these efforts with great hope for the future of philanthropy in the finance sector. Those that can help, should.
“We’re working to meet the day-to-day needs of those who live and work in our community,” said David Millman, Maryland and Baltimore Market President, Bank of America. “These grants will help nonprofits like Harford Family House continue to address Baltimore’s most pressing needs while helping individuals become more financially stable in the long term.”
In FY 2013, Harford Family House provided shelter to 44 families, or 146 individuals, 96 who are children at a cost of $25.08 a night. In addition, 22 families exited the program this year finding jobs and permanent housing. “I get excited because I see people realize their dream of independence and make progress no one ever thought they would make,” Duffy said. “It is really a good thing Bank of American helps organizations like ours.”
Bank of America’s funding is part of the company’s intensified philanthropic focus on three core issues vital to the economic health of communities: housing, jobs and hunger and represents an important component of Bank of America’s lending, investing and giving activities to help advance local economies.