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Neighborhood Builder® will receive leadership training and $200,000 in flexible funding
ST. LOUIS, MO – The Bank of America Charitable Foundation has named Donald Danforth Plant Science Center as a 2014 Neighborhood Builder. The nonprofit is being recognized for its work in St. Louis. Currently marking its tenth anniversary, Neighborhood Builders is a strategic investment in communities that combines $200,000 in flexible funding with leadership training for high-performing nonprofits and their executives.
“Over the last decade, we’ve heard from past recipients that the combination of unrestricted funding and leadership training has fundamentally changed their organizations and helped them stay competitive in an ever-changing funding environment,” said Larry Otto, St. Louis Market President, Bank of America. “The Danforth Plant Science Center has already done so much for St. Louis. This investment will empower them to build leadership capacity and expand to meet the evolving needs of plant science advancement in our community and across the globe.”
Founded on the vision that scientific knowledge when applied to solving critical challenges has the potential to lift families, communities, and nations from poverty, empowering people everywhere to enjoy better health and a higher quality of life, the Donald Danforth Plant Science Center is uniquely positioned to help provide long-range, systematic solutions to global humanitarian and environmental challenges.
Through its mission, the Danforth Center will help further Bank of America’s philanthropic priority of providing access to vital food supplies and services to feed individuals, children and families that help towards financial stability. Additionally, the Danforth Center's participation in the Neighborhood Builders Leadership Program will help ensure successful growth as its research facilities expand, the number of scientific teams increase, and the need for diversified revenue streams accelerates.
Neighborhood Builders is the largest investment in nonprofit leadership development and organizational longevity. Through Neighborhood Builders, Bank of America has invested $160 million in 800 nonprofit organizations and provided training to 1,600 nonprofit leaders.
Organizations selected as Neighborhood Builders are recognized for their significant impact in addressing needs related to workforce development and education, community development, and basic human services addressing needs such as hunger. The flexible funding allows nonprofits to build capacity. At the same time, leaders of the organizations learn about issues core to nonprofit sustainability through the Neighborhood Builders leadership training.
About Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 48 million consumer and small business relationships with approximately 4,800 retail banking offices and approximately 15,800 ATMs and award-winning online banking with 31 million active users and approximately 17 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Visit the Bank of America newsroom for more Bank of America news. www.bankofamerica.com
About The Donald Danforth Plant Science Center Founded in 1998, the Donald Danforth Plant Science Center is a not-for-profit research institute with a mission to improve the human condition through plant science. Research aims to feed the hungry and improve human health, preserve and renew the environment and position the St. Louis region as a world center for plant science. Research conducted by the Danforth Center’s 20 interdisciplinary scientific teams is funded through competitive grants and contract revenue from many sources, including the National Institutes of Health, U.S. Department of Energy, National Science Foundation, U.S. Department of Agriculture, U.S. Agency for International Development, the Bill & Melinda Gates and Howard G. Buffett Foundations. For more information, please visit, www.danforthcenter.org. Follow us on Twitter at @DanforthCenter.
| Plant scienceNeighborhood BuildersfundingBank of America