The Bank of America Charitable Foundation Wednesday announced $258,500 in grants to 21 nonprofits focused on providing food and housing accommodations for people who are homeless or in crisis in Baltimore. These grants are part of the bank’s broader philanthropic investment in helping individuals and families in Baltimore lead stronger financial lives.
Baltimore has one of the lowest median incomes in the country, contributing to the 10.1 percent of adults and 12.7 percent of children living below the poverty line in Maryland this year. The recognized nonprofits play a critical role in connecting low-income individuals and families to basic human services at their point of need.
“If people can’t put food on the table and find an affordable place to live, they can’t begin to think about their overall financial security and future,” said David Millman, Maryland and Baltimore market president with Bank of America. “Our philanthropic investments are one way that we’re working to connect individuals in our community to the resources they need to lead financially stable lives.”
Some of the organizations receiving funding include:
- The Women’s Housing Coalition, which will use the $15,000 grant to support 98 units of permanent, supportive housing to women who are homeless, live with a mental illness or addiction, and have little to no income.
- Greater Homewood Community, which will use the $10,000 grant to support The Youth Empowered Society. YES is the only safe, youth-friendly, peer-led, and accessible drop-in center for youth ages 14-25 who are experiencing homelessness in Baltimore.
Other organizations receiving grants include: Arundel House of Hope, Associated Catholic Charities, Baltimore Symphony Orchestra, Bello Machre, Bridges to Housing Stability, Franciscan Center, Harford Family House, Helping Up Mission of Baltimore City, HopeWorks of Howard County, Human Services Programs of Carroll County, Job Opportunities Task Force, Marian House, Maryland Food Bank, Meals on Wheels of Central Maryland, Moveable Feast, Paul’s Place, Penn Mar Organization, The Light House and the University of Maryland Baltimore Foundation.
These grants build on years of philanthropic and employee volunteer support in Baltimore as part of a larger effort to help individuals and families build better money habits and find pathways out of poverty.