• Mon. Dec 5th, 2022


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Two native nonprofits awarded $200,000 to proceed work on reasonably priced housing and meals shortage


Oct 5, 2022

Financial institution of America’s Neighborhood Builders Program offered checks to Household Works and Group Roots Housing. Sponsored by Financial institution of America.

Financial institution of America awarded two space nonprofits $200,000 every in unrestricted capital, along with management coaching for the manager director and an rising chief, as a part of its Neighborhood Builders program.

“Neighborhood Builders is the nation’s largest funding in nonprofit management,” stated Kerri Schroeder, president, Financial institution of America Seattle.

Since 2004, Financial institution of America has acknowledged 38 nonprofits in Puget Sound. This quantities to grants totaling greater than $7.6 million and an funding in 72 neighborhood leaders.

FamilyWorks, one in all this yr’s recipients, works on the root of meals insecurity for the neighborhood they serve. FamilyWorks supplies contemporary, wholesome meals to individuals and households locally who’re experiencing starvation or are in peril of experiencing starvation. The Useful resource Heart affords applications designed to help and improve a nurturing and vibrant neighborhood.

“Many nonprofits actually struggled by the pandemic,” Schroeder stated. “One of many issues FamilyWorks did very well was innovate and discover methods to get sources to these they serve.”

Improvements embrace a program the place meals financial institution recipients may textual content what they wanted and FamilyWorks would have it prepared for them and a collaboration with different space nonprofits, permitting them to supply wraparound providers, like lease help and utility help. 

This yr’s different recipient, Group Roots, is devoted to offering individuals from all walks of life secure, high quality and reasonably priced locations to dwell. The group works with neighborhood companions that wish to develop housing of their neighborhoods however won’t have the fame or entry to capital to do it. 

“Group Roots companions with them to develop options which can be actually vibrant, that talk to the composition of these communities, they usually do it in such an impactful means,” Schroeder stated.

Neighborhood Builders is Financial institution of America’s signature philanthropic program that advances financial mobility and nonprofit management. It creates extra sustainable communities by offering nonprofits with the essential instruments to develop stronger strategic plans, chart a succession plan and improve funding alternatives. To study extra, go to the Financial institution of America web site.


Sponsored by Financial institution of America. Section Producer Suzie Wiley. Watch New Day Northwest at 11 a.m. weekdays on KING 5 and streaming dwell on KING5.com. Contact New Day.

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