Bank of America 2014 Annual Report Download - page 17
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15
We’re partnering with a variety of organizations around
the world to address societal challenges.
We’re connecting women to the human, social and financial
capital they need to succeed. Through the Global Ambassadors
Program, a partnership with Vital Voices, and our work with the
Cherie Blair Foundation, we’re helping women around the world
build business acumen through mentoring. With the Tory Burch
Foundation and Calvert Foundation, we’re helping women
entrepreneurs in the U.S. and developing countries gain access
to affordable loans to grow small businesses.
Our partnerships with more than 240 Community Development
Financial Institutions and investments of more than
$1.3 billion enable us to play a significant role in stabilizing low-
and moderate-income communities in all 50 states, the District
of Columbia and Puerto Rico.
Our Catalytic Finance Initiative
is designed to stimulate at least
$10 billion of new investment into
high-impact clean energy projects
More than $200 million invested in
strengthening communities through
cash and in-kind giving in 2014
$3.2 billion in community
development lending and
investments in 2014
1.85 million employee
volunteer hours in 2014
We look for opportunities to help solve
important issues that matter to all of us. We’re
partnering with (RED)® to make a critical
difference in the fight against HIV/AIDS through
the virtual elimination of HIV transmission from
mother-to-child, with the goal of creating an
AIDS-free generation. The partnership leverages
the collective desire of our customers, clients
and employees, and people around the world to
meaningfully contribute to an important cause,
drawing on our powerful global platform.
•(RED)hasgeneratedmorethan$300million
for the Global Fund to Fight AIDS, Tuberculosis
and Malaria.
•Our$10millioncommitmentresultedinthe
immediate raising of $12 million in matching
funds for the Global Fund from The Gates
Foundation, SAP and the Motsepe Family, for
a total contribution of $22 million.