Bank of America has announced Triangle Family Services as a 2016 Neighborhood Builder. The nonprofit is being recognized for its work in strengthening families and serving as a critical safety net for the community, which in turn, supports the sustainable growth of the Triangle economy. Through Neighborhood Builders (#NeighborhoodBuilders), the bank provides nonprofits with a unique combination of leadership development, $200,000 in flexible funding, a network of peer organizations across the U.S. and the opportunity to access capital in order to expand their impact in the Triangle community.
“We recognize the critical role that nonprofits and their leaders play to strengthen families and build pathways to economic progress in the Triangle community,” said Kari Stoltz, Triangle Market President for Bank of America. “Through our Neighborhood Builders program, we connect outstanding nonprofits, like Triangle Family Services, to the funding and leadership development resources they need to scale their impact and help our community to thrive. We are thrilled to partner with Triangle Family Services to further their mission of building stronger families and communities.”
“The single greatest thing we can do to positively impact our community and economy is to build strong families, and this grant will enable us to significantly increase the number of children and families we serve.” said Alice Lutz, CFRE, Chief Executive Office of Triangle Family Services.
Since 2004, through Neighborhood Builders, Bank of America has helped nonprofits create greater impact in their communities and better prepare for the future by providing the tools and resources they need to develop stronger strategic plans, chart a succession plan, navigate through tough economic times, and enhance their funding opportunities. Since the program’s inception, Bank of America has invested more than $180 million in 900 nonprofit organizations across the country, providing leadership resources to nearly 2,000 nonprofit leaders, and the program has been recognized as the nation’s largest philanthropic investment in nonprofit leadership development.
Neighborhood Builders is a signature demonstration of the bank’s work to address issues fundamental to economic mobility in order to build thriving communities and illustrates how strong cross-sector partnerships and local community leaders can play a meaningful role in positioning communities for success. The awardees are selected by a local market selection committee with representation by local community leaders from diverse sectors.