Branches, Inc. in Miami Receives Basic Human Services Grant from Bank of America Charitable Foundation

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Branches, Inc. today announced that it has been named a recipient of the Bank of America Charitable Foundation’s 2014 Basic Human Services Grant. The grant is part of a $461,500 collective investment the bank is making in South Florida to address issues related to basic human services.

“It is crucial to assist in supporting basic human needs so we can build a healthy and successful community. This Bank of America grant is making a lasting impact and we are honored to be a recipient,” said Brent McLaughlin, Executive Director of Branches

Branches, Inc. today announced that it has been named a recipient of the Bank of America Charitable Foundation’s 2014 Basic Human Services Grant. The grant is part of a $461,500 collective investment the bank is making in South Florida to address issues related to basic human services. The grants will help individuals and families address financial stability issues facing low-income communities, provide emergency shelter and supportive short-term housing, as well as provide access to benefits and resources including food pantries, shelters and financial coaching.

Branches is a non-profit organization based in Miami and primarily focuses on student services and financial stability. Its Grow Program serves elementary students, preparing them for lifelong success through enrichment of their minds, bodies and hearts. The Climb Program serves middle and high school students, focusing on the development of their individual assets in order to maximize opportunities to become better students and better people. Branches’ Achieve Programs target the well-being of the entire community through services fostering financial stability and long term success. Services include the ASSETS small business development program, the Ways to Work car loan program for working families, free VITA tax preparation, and hunger relief. Branches is also proud to house and operate the United Way Center for Financial Stability (UWCFS).

Bank of America’s grant will help Branches specifically fund its Achieve programs which focus on long-term financial stability. For years, Bank of America has invested in basic human services grants throughout South Florida. This year alone, the grants will impact approximately 810,622 individuals in South Florida.

“It is crucial to assist in supporting basic human needs in Miami so we can build a healthy and successful community. Through the Basic Human Services Grant, Bank of America is making a lasting impact and we are honored to be a recipient,” said Brent McLaughlin, Executive Director of Branches. “Bank of America provides a great example of the potential of corporate social responsibility with this grant and a model for investing in nonprofits who are serving the critical needs of those in their local communities.”

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About Branches
For over 40 years, Branches has made a positive impact in the community by delivering on its mission to serve, educate and inspire people through student, family and financial stability services. Branches provides long-term, holistic services for motivated individuals and families. We help people grow deeper and climb higher in life by building a foundation through education so they can achieve their goals and fulfill their potential. For additional information about Branches, please call 305.442.8306 or visit http://www.branchesfl.org.

Bank of America Corporate Social Responsibility
Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at http://www.bankofamerica.com/about and follow us on Twitter at @BofA_Community

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Isabelle Pike
Branches
305-442-8306 Ext: 1002
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