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Bank of America Awards $7.3 Million to Metro Detroit Nonprofits

EL CENTRAL by EL CENTRAL
December 11, 2025
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Bank of America celebrates its annual “Day of Giving” on December 2 by connecting more than 100 employee volunteers with the bank’s 2025 community nonprofit partners working to support economic opportunity in metro Detroit. The day ended with a grand “GIVE” holiday reception attended by local community and nonprofit leaders, bank employees, clients, and alumni of the Bank of America Student Leaders program, recognizing the significant community impact these organizations have made throughout 2025.

This year, Bank of America Detroit awarded more than $7.3 million to 47 nonprofits through grants, sponsorships, investments, and employee giving. Bank employees also logged over 16,700 volunteer hours to support nonprofit partners in 2025. These hours represent a participation rate of 60% among BofA’s Metro Detroit workforce, and support efforts to improve the lives of individuals and families throughout Metro Detroit by investing in health care, job training, emergency shelter, affordable housing, food support, and financial education.

Bank of America’s Detroit market leaders also named College Career & Beyond | Midnight Golf Program and Life Remodeled as the 2025 Neighborhood Builders®. One of the nation’s largest philanthropic investments into nonprofit leadership development, each Neighborhood Builder organization will receive $200,000 in flexible funding, over two years, plus comprehensive leadership training and access to a national network of nonprofit peers.

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From Left: Dianne Chipps Bailey, National Philanthropic Strategy Executive at Bank of America Private Bank; Maria Serravalle, Community Relations Manager for Bank of America Detroit; Dr. Larry Mann, Senior Vice President and Sales Performance Manager, Michigan Business Banking at Bank
of America; Brooke Adams, Philanthropy Director at Life Remodeled; Diallo Smith, President and CEO at Life Remodeled; Veronika Scott, CEO and Founder of Empowerment Plan, a 2024 Neighborhood Builder; Star Crawford, Senior Vice President
and Market Executive for Bank of America Detroit; Ed Siaje, President of Bank of America Detroit

Life Remodeled is a Detroit-based nonprofit transforming neighborhoods by repurposing vacant properties into vibrant community hubs. Since 2014, the organization has invested more than $73 million, mobilized nearly 92,903 volunteers, and revitalized more than 2,922 city blocks. Its flagship project, the Durfee Innovation Society, serves as a central hub where dozens of nonprofit partners provide youth programming, workforce development, health services, and academic support to over 25,000 Detroiters annually. 

“We are grateful to Bank of America for this strategic partnership,” said Diallo Smith, president and CEO, Life Remodeled. “This grant provides critical capital to directly fuel our mission: creating access to opportunities for Detroiters to thrive. This will allow us to scale our proven initiatives that empower our neighborhoods and ensure that the revitalization taking place across communities is both sustainable and successful.”

 

College Career & Beyond | Midnight Golf Program, a previous 2016 Neighborhood Builder, is a nonprofit organization that prepares Detroit students for success in post-secondary education and beyond. The program is dedicated to supporting graduation and career success by removing the social, financial, and academic barriers that stand between students and their graduation dreams. Since 2001, College Career & Beyond | Midnight Golf Program has helped more than 3,000 students secure entry into post-secondary programs.  

“Being named a Bank of America Neighborhood Builder is an incredible honor and a powerful validation of our mission to equip Detroit’s young people with the tools and confidence to succeed in college, career, and life,” said Renee Fluker, founder and president, College Career & Beyond | Midnight Golf Program. “This partnership will help us reach even more students and continue building a stronger future for our community.”

From Left: Yaritza Campos, former Bank of America Student Leader; Ed Siaje, president
of Bank of America Detroit; Mike Mercer, Merrill Lynch Wealth Management market executive for Farmington Hills; Dina Harris, founder and Chief Executive Officer of National Faith Homebuyers, a 2024 Neighborhood Builder; Renee Fluker, founder and president
of College Career & Beyond; Cayla Valentine, director of student success at College Career & Beyond; Star Crawford, Senior Vice President and Market Executive for Bank of America Detroit.

“At Bank of America, we are committed to driving sustainable economic mobility by supporting organizations that meet Detroiters where they are,” said Ed Siaje, president, Bank of America Detroit. “Through partnerships with dozens of local nonprofits, we’re helping expand access to health care, affordable housing, workforce development, food security, and financial education, strengthening communities across Metro Detroit. We appreciate the work these organizations put in every day to make a real difference in the lives of Detroiters.”

The Day of Giving began with more than 100 bank teammates volunteering for a variety of nonprofit organizations, including Focus: HOPE and SAY Detroit.

Other organizations receiving grants this year include Forgotten Harvest, Food Gatherers, and The Salvation Army, all dedicated to addressing food insecurity

Since 2020, Bank of America has awarded $23 million to fund nonprofit partner initiatives in Metro Detroit, and its employees have spent over 103,000 volunteer hours and $2 million supporting these critical neighborhood partners. 

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 consumer and small business 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.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

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