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Find similar grantsWorkforce Development Initiatives is sponsored by Bank of America. Bank of America invests in workforce development initiatives, partnering with universities, community colleges, and nonprofit partners across the U. S.
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BofA Invests Nearly $40 Million into American Workforce Skills in 2025 BofA Invests Nearly forty million dollars $40 Million into American Workforce Skills in 2025 As Many As 86,400 Placed in Jobs & two hundred sixty five thousand 265K Upskilled through Strategic Local Partnerships CHARLOTTE, N. C.
– In recognition of Career and Technical Education Month , Bank of America today announced it invested nearly forty million dollars $40 million in 2025 in workforce development initiatives, partnering with more than 100 universities and community colleges and over 600 nonprofit partners across all its U.S. markets.
These workforce development partners estimate the bank’s investments last year alone contributed to approximately 86,400 individuals getting connected to livable‑wage jobs and provided 265,000 people with access to training, education and career readiness programs designed to position them for long‑term career success.
“Career and technical education are critical to building strong local economies ,” said Meghan Hughes , Head of Workforce Development at Bank of America . “ These investments reflect our long-standing commitment to creating pathways to lasting success for people across the country.
Employers need skilled workers and we’re proud to partner with so many organizations that are preparing the next generation of talent for today’s jobs and the careers of tomorrow. This work is a powerful demonstration of how we can drive American economic growth and prosperity—together.
” These partnerships and investments are central to Bank of America’s broader workforce development strategy, which emphasizes skills‑first hiring and aligns training opportunities with market needs.
By closely partnering with employers, workforce boards, colleges and nonprofits, the bank is helping to close skills gaps and address talent shortages across key industries in regions where workforce demand is highest, from healthcare fields to advanced manufacturing, technology and more.
Examples of BofA investments include: In Central Florida, Second Harvest Food Bank’s culinary program has trained more than 530 graduates for high-demand culinary jobs through its free 10-week training and life skills program, which has a ninety five percent 95% job placement rate.
Houston-based NextOp works with enlisted service members and veterans each year across Texas and other states to translate their military training and experience into qualifications for civilian careers and help place them into jobs with higher starting pay.
Taft College in Bakersfield provides paid hands-on internships with regional healthcare providers across Kern County, an area having chronic shortages of nurses and other healthcare professionals with its Pre-Nursing Internship program.
More than 70 nonprofit organizations receiving Bank of America support will also take part in leadership training designed to strengthen organizational capacity and help these partners scale their impact through BofA’s Neighborhood Builders® program.
In addition to grant funds, BofA provides employee volunteerism and its Leader on Loan program placing talented leaders to work fulltime with workforce development organizations and other nonprofits for twelve to eighteen 12-18 months.
Through collaboration with postsecondary institutions and local nonprofit partners, these efforts help ensure more Americans can access career‑relevant education and connect to quality employment opportunities. Bank of America’s commitment to workforce development is part of its broader mission to fuel economic mobility and strengthen communities nationwide.
/a>Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users.
Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services.
The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Carla Molina, Bank of America Phone: one five one two three nine seven two four zero two 1.
512. 397. 2402 Celebrating America's 250 th February 26, 2026 at 10:02 AM Eastern BofA Invests Nearly forty million dollars $40 Million into American Workforce Skills in 2025 As Many As 86,400 Placed in Jobs & two hundred sixty five thousand 265K Upskilled through Strategic Local Partnerships CHARLOTTE, N.
C. – In recognition of Career and Technical Education Month , Bank of America today announced it invested nearly forty million dollars $40 million in 2025 in workforce development initiatives, partnering with more than 100 universities and community colleges and over 600 nonprofit partners across all its U.S. markets.
These workforce development partners estimate the bank’s investments last year alone contributed to approximately 86,400 individuals getting connected to livable‑wage jobs and provided 265,000 people with access to training, education and career readiness programs designed to position them for long‑term career success.
“Career and technical education are critical to building strong local economies ,” said Meghan Hughes , Head of Workforce Development at Bank of America . “ These investments reflect our long-standing commitment to creating pathways to lasting success for people across the country.
Employers need skilled workers and we’re proud to partner with so many organizations that are preparing the next generation of talent for today’s jobs and the careers of tomorrow. This work is a powerful demonstration of how we can drive American economic growth and prosperity—together.
” These partnerships and investments are central to Bank of America’s broader workforce development strategy, which emphasizes skills‑first hiring and aligns training opportunities with market needs.
By closely partnering with employers, workforce boards, colleges and nonprofits, the bank is helping to close skills gaps and address talent shortages across key industries in regions where workforce demand is highest, from healthcare fields to advanced manufacturing, technology and more.
Examples of BofA investments include: In Central Florida, Second Harvest Food Bank’s culinary program has trained more than 530 graduates for high-demand culinary jobs through its free 10-week training and life skills program, which has a ninety five percent 95% job placement rate.
Houston-based NextOp works with enlisted service members and veterans each year across Texas and other states to translate their military training and experience into qualifications for civilian careers and help place them into jobs with higher starting pay.
Taft College in Bakersfield provides paid hands-on internships with regional healthcare providers across Kern County, an area having chronic shortages of nurses and other healthcare professionals with its Pre-Nursing Internship program.
More than 70 nonprofit organizations receiving Bank of America support will also take part in leadership training designed to strengthen organizational capacity and help these partners scale their impact through BofA’s Neighborhood Builders® program.
In addition to grant funds, BofA provides employee volunteerism and its Leader on Loan program placing talented leaders to work fulltime with workforce development organizations and other nonprofits for twelve to eighteen 12-18 months.
Through collaboration with postsecondary institutions and local nonprofit partners, these efforts help ensure more Americans can access career‑relevant education and connect to quality employment opportunities. Bank of America’s commitment to workforce development is part of its broader mission to fuel economic mobility and strengthen communities nationwide.
/a>Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users.
Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services.
The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Carla Molina, Bank of America Phone: one five one two three nine seven two four zero two 1.
512. 397. 2402 Celebrating America's 250 th Get Bank of America news updates, including dividend announcements and other important information to your inbox.
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According to the current listing, eligibility includes: Universities, community colleges, and nonprofit organizations that focus on workforce development, skills training, and connecting individuals to quality employment opportunities. Confirm the full requirements in the official notice before applying.
The current listing shows varies (Bank of America invested nearly $40 million in 2025). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Workforce Development Initiatives is funded by Bank of America. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Cold Chain Grants for Emergency Food Assistance Program closes October 1, 2026, funding cold storage equipment at up to $200,000 per project with a 10% cash match. But USDA is not awarding to food banks — it is awarding to nonprofit intermediaries who will run competitive subaward programs. Two audiences, two entirely different jobs, and one of them has 43 days.
Read articleBank of America's Neighborhood Builders 2026 application closes July 1. The $300M-since-2004 program awards $100K–$400K plus a leadership program, but the 10-percent-of-revenue cap and market-eligibility rules quietly filter out most applicants before reviewers ever see a proposal.
Read articleThe 2026 Neighborhood Builders application window runs June 1 to July 1. The award combines unrestricted operating support, executive coaching, and an emerging-leader development track — a structure most corporate grants don't offer at this scale.
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