November 12, 2019
Bank of America Awards $50,000 Grant to Junior Achievement of Maine
The nonprofit was named Maine’s inaugural Neighborhood Champion, a new initiative from Bank of America supporting economic mobility and nonprofit leadership
PORTLAND, MAINE — At the Maine launch of its Neighborhood Champions program, Bank of America awarded a $50,000 grant to Junior Achievement of Maine, the state’s inaugural Neighborhood Champion. Neighborhood Champions is a new initiative from Bank of America that supports the role strong nonprofit leaders play in advancing economic mobility. The grant was awarded by the Bank of America Charitable Foundation.
“We’re thrilled to bring the Neighborhood Champions program to Maine,” said Bill Williamson, Maine market president at Bank of America. “Through flexible funding and leadership resources, partners like Junior Achievement of Maine have the power to plan strategically for growth and long-term sustainability, and we look forward to seeing how this investment helps them inspire and prepare young people to succeed in a global economy.”
The Neighborhood Champions program is invitation-only for nonprofits who are poised to take their work to the next level. Leading members of the community participated in a collaborative selection process to identify this year’s awardee. The $50,000 grant will help Junior Achievement of Maine — which aims to inspire and prepare young people to succeed in a global economy — to expand its capacity and broaden its outreach to increase mission impact. In addition, the organization will receive virtual leadership training delivered by experts in the nonprofit sector.
“Maine’s potential resides in its youth and our mission is to ensure that potential is realized by inspiring and preparing our youth for future success,” Michelle Anderson, president of Junior Achievement of Maine, stated in her remarks. “Imagine a Maine where our children are empowered with an entrepreneurial spirit and the skills to make informed decisions. That’s the significance of this grant and we are so thankful to have a community partner like Bank of America that not only offers financial support, but comprehensive organizational support through volunteerism and board engagement.”
Over more than 15 years, Bank of America has invested $240 million in 49 communities through Neighborhood Builders, partnering with more than 1,000 nonprofits and helping more than 2,000 nonprofit leaders strengthen their leadership skills. The Neighborhood Champions program in Maine will strengthen the bank’s commitment to advancing economic mobility and nonprofit leadership.
Maine’s inaugural event, held Wednesday night at Luke’s Lobster in Portland, featured a discussion on the importance of creating and maintaining sustainability in the state. Speakers included Luke Holden, founder and CEO of Luke’s Lobster, and Kerry Sullivan, president of the Bank of America Charitable Foundation.
Bill Williamson, Maine market president for Bank of America, and Kerry Sullivan, president of the Bank of America Charitable Foundation, present Michelle Anderson, president of Junior Achievement of Maine, and Jenna Jeffrey, marketing coordinator at Junior Achievement of Maine, with a $50,000 grant.
Bill Williamson, Maine market president for Bank of America, speaks at the inaugural Neighborhood Champions event at Luke’s Lobster.
Luke Holden, founder and CEO of Luke’s Lobster, discusses sustainability and becoming a B Corp.
Michelle Anderson, president of Junior Achievement of Maine, provides remarks on the organization becoming Maine’s first Neighborhood Champion.
Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
About Junior Achievement of Maine (JA)
Junior Achievement of Maine is a non-profit organization dedicated to educating students in grades K-12 about entrepreneurship, financial literacy, and work readiness through experiential, hands-on programs. JA empowers young people to own their economic success. In partnership with businesses and educators, JA brings the real world to Maine students, opening their minds to their potential and preparing them for the world of work. Last school year, JA Maine impacted nearly 15,700 Maine students, in 174 schools, with the help of over 640 volunteers statewide.
About Junior Achievement USA® (JA)
Celebrating its centennial in 2019, Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches more than 4.8 million students per year in 106 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide. Visit www.ja.org for more information.
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Reporters May Contact:
Trevor Koenig, Bank of America, 1.302.432.1150
Jenna Jeffrey, Junior Achievement of Maine, (207) 347-4333