Bank of America Names St. Joseph the Worker A 2013 Neighborhood Builder for Impact Building a Stronger Community

St. Joseph the Worker to receive training for leaders and $200,000 in flexible funding

(PHOENIX) – The Bank of America Charitable Foundation has named St. Joseph the Worker a recipient of the 2013 Neighborhood Builders® award.

The program is a strategic investment that couples leadership training with a $200,000 unrestricted grant for high-performing nonprofits that have made a significant impact addressing needs related to community development, critical needs or workforce development and education. Nonprofit leaders gain valuable skills and apply funding where it is most needed for maximum local impact.

“We recognize the important role St. Joseph the Worker plays in serving our most vulnerable residents and ensuring better lives for so many in our community,” said Bank of America Market President Benito Almanza. “The leadership training and funding will not only deepen their impact today but sustain their mission and services over time. We know that nonprofits are key to providing valuable programs and services in our communities but often lack the ability to invest strategically in their human capital and long-term development. The Neighborhood Builders® program is designed to serve as an impactful investment in the leadership potential of outstanding nonprofits serving local communities.”

St. Joseph the Worker is a privately funded non-profit whose mission is to assist homeless, low-income and other disadvantaged individuals in becoming self-sufficient through quality employment. For 25 years, St. Joseph the Worker has provided those struggling with homelessness and poverty with the resources needed to find employment, including personal attention from professional job developers, telephone/fax/Internet access, mailing address, bus tickets, résumé development, professional clothing, hygiene products, and financial assistance for work essentials (tools, boots, etc.).

Last fiscal year St. Joseph the Worker’s hardworking clients achieved an all-time record of 925 new hires. Now, St. Joseph the Worker’s motivated job-seekers have surpassed their record pace with 919 new hires in the first four months of this fiscal year. Essentially, St. Joseph the Worker’s successful expansion into the community has increased its impact by 350% – going from an average of 50 new hires a month to 230.
With Bank of America’s incredible support through the Neighborhood Builders award, St. Joseph the Worker can continue to maximize its community impact and transform hundreds more lives through employment. “We are grateful for the support of Bank of America and the Neighborhood Builders award that will help us continue our unprecedented growth and impact on the unemployed in our community,” said Brent Downs, Executive Director of St. Joseph the Worker.

According to the Bridgespan Group, Neighborhood Builders is the largest investment in nonprofit leadership development, 2.5 times the next largest program (in spending) and the third largest in number of leaders served. Through the program, now in its tenth year, Bank of America has invested $160 million in 800 nonprofit organizations and provided training to 1,600 nonprofit leaders. Neighborhood Builders furthers the company’s broader philanthropic commitment to addressing core issues that are critical to the economic vitality of local economies, with a particular focus on low- and moderate-income communities.

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 www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.