Bank of America recently donated $1.5 million to help fight hunger in the United States through a newly-established fund.
Through its "Gift of Opportunity" fund, BofA announced that it would be giving money to support Feeding America and the Boys & Girls Clubs of America, funded in part by the the bank's associates and customers who donated money to the cause during a six-week pledge drive that started in December.
"The issue of food insecurity really motivated our customers and associates to give generously of their money and time," said Kerry Sullivan, president of the Bank of America Charitable Foundation. "The money we give in terms of charitable grants is extremely important, but it's also our associates who give their time and their talents to provide opportunities for the families and children in the communities we serve."
Bank of America made other philanthropy news when it launched the 14th annual Museums on Us campaign. The initiative seeks to make the arts more accessible to customers of the bank by giving them free admission to museums all over the country.