Bank of America has awarded a total of $500,000 to two Long Island nonprofit organizations.
Bay Shore-based United Veterans Beacon House and the Long Island Children’s Museum in Garden City will each receive $200,000 over two years in flexible funding from Bank of America’s Neighborhood Builder program. The award also includes comprehensive leadership training for the organizations’ CEO and an emerging leader, and access to a national network of nonprofit peers.
In addition, United Veterans Beacon House (UVBH) is getting a separate $100,000 BOA grant to fund the launch of the Unmet Needs Program, a new offering that enables the agency to expand its outreach efforts and services to veterans that currently fall outside of the agency’s scope of services.
“We are thrilled and humbled by Bank of America’s support of United Veterans Beacon House – and the veterans we serve,” Frank Amalfitano, UVBH president and CEO, said in a written statement. “Bank of America’s generosity illustrates its belief both in our mission and in our determination to fulfill our promises to Long Island’s veterans – namely, that we will assist any veteran with any need at any time.”
Neighborhood Builders’ flexible funding will help Beacon House enhance and upgrade the agency’s technology, enabling the organization to provide streamlined services and afford employees even more time to dedicate to veterans and programs.
“United Veterans Beacon House provides critical housing services and wraparound support for our community’s veterans,” Marc Perez, president, Bank of America Long Island, said in the statement. “Providing United Veterans Beacon House with flexible funding and leadership training will help the organization keep preparing for long-term success as well as meet the immediate and future needs of veterans. We look forward to seeing them continue to thrive as they launch the Unmet Needs Program.”
Scott Burman, chairman of the Long Island Children’s Museum board of directors, thanked Bank of America for the Neighborhood Builders award.
“This award will expand our connections with other local not-for-profits, allowing greater service to our Long Island children and their families, while strengthening our community at large,” Burman told LIBN. “We are thrilled to once again be a recipient of this prestigious award which will support our programmatic and leadership development and aid the long-term sustainability of LICM as an institution.”
There have been 40 nonprofits selected as Neighborhood Builders on Long Island since 2005 and Bank of America has invested $8 million in these local nonprofits, which include New Ground, Girls Inc. of Long Island, The Safe Center and Wyandanch Homes and Property Development Corporation and many more. Nationwide, Bank of America has awarded more than $340 million to nearly 2,000 nonprofits since the program’s inception in 2004.