Bank of America Provides $250,000 to the American Red Cross for Hurricane Dorian Relief Efforts
Friday, September 6th, 2019
Bank of America announced that it is providing $250,000 to the American Red Cross to help provide immediate relief across the Bahamas and to Florida, Georgia, North Carolina, South Carolina, and Virginia as they prepare for the effects of Hurricane Dorian.
In addition, the bank offers a matching gift program that enables employees to double their contributions to nonprofits, and has lowered the minimum amount eligible for a matching gift to $1 for disaster relief in order to increase the impact of every employee donation. The bank also provides employees updates on organizations assisting in disaster relief and will communicate any future volunteer opportunities that may arise.
“We recognize the devastation caused by Hurricane Dorian,” said Andrew Plepler, Bank of America’s global head of Environmental, Social and Governance. “It will take the collective effort of the public, private and nonprofit sectors to address the enormity of this challenge.”
Bank of America has a longstanding partnership with the American Red Cross, and its employees have donated more than $4.5 million to the American Red Cross in support of its disaster relief efforts over the last five years.