In the News
Bridging Job Skills and the Financial Education Gap
While the jobless rate may be improving in Broward County according to The Florida Department of Economic Opportunity,unemployment is still a very real problem as low- and-middle-income individuals continue to be outperformed by better skilled workers. If people can’t put enough food on the table, find a job that supports their family or an affordable place to live, they can’t begin to think about their overall financial security and future.
As a financial institution, our philanthropic investments support our company’s purpose to improve the financial lives of the customers, clients and communities.
Our partnerships with nonprofits in Broward County address both immediate needs related to jobs, housing and hunger, and connect individuals to longer-term solutions that will help them improve their financial lives, from financial education and coaching to access to benefits.
This month the Bank of America Charitable Foundation announced Big Brothers Big Sisters of Broward County as a recipient of the 2015 Workforce and Development grant. Big Brothers Big Sisters of Broward County will use the funds to support initiatives in financial education and job skills training, both of which help our community thrive.
The Big Brothers Big Sisters Mission is to provide children facing adversity with strong and enduring, professionally supported one-to-one mentoring relationships that change their lives for the better, forever.
The Big Brothers Big Sisters Vision is that all children achieve success in life.
Big Brothers Big Sisters partners with parents, guardians, volunteers and others in the community and holds itself accountable for each child in its program achieving: higher aspirations, greater confidence, better relationships, educational success and avoidance of risky behaviors.
By investing in workforce development with the support from Bank of America, Big Brothers Big Sisters of Broward will help youth and families build better money habits and find pathways out of poverty. Learn more about the mentoring program by visiting the website: www.bbbsbroward.org
Augmenting our philanthropic efforts are our most valuable resource – our employees – who give their time and talent through volunteerism, helping their neighbors build better money habits and improving the quality of life in the community.
Lori Chevy, Broward County market president
Bank of America