Banking & Finance, Human Resources, and Nonprofits

Bank donates $50K to women’s nonprofit

January 10, 2020
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Sandra Gaddy
Sandra Gaddy. Photo by Michael Buck

A bank has donated $50,000 to provide virtual leadership training for a women’s nonprofit.

Bank of America’s donation to Women’s Resource Center marks the launch of the bank’s Neighborhood Champions program in Grand Rapids, an extension of its philanthropic initiative Neighborhood Builders. The program supports nonprofits seeking to advance economic mobility, the bank said.

The grant allows Women’s Resource Center to engage in virtual leadership training delivered by experts in the nonprofit sector. Examples of the topics for the training include human capital management, increasing financial sustainability and storytelling.

Women’s Resource Center said it provides programs and services to educate and empower women to succeed in the workplace.

Additionally, the nonprofit has partnered with Bank of America to provide ongoing financial literacy training through the bank’s Better Money Habits program.

“Through flexible funding and leadership resources, partners like Women’s Resource Center have the power to plan strategically for growth and long-term sustainability, and we look forward to seeing how this investment helps this organization make even greater strides to equip women to succeed in the workplace,” said Renee Tabben, Grand Rapids market president, Bank of America.

Community leaders participated in a collaborative selection process to identify this year’s award recipient, the bank said.

“The staff and board of Women’s Resource Center are honored to be the inaugural recipient of Bank of America’s Neighborhood Champions grant here in West Michigan,” said Sandra Gaddy, CEO, Women’s Resource Center.

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