Nonprofits across North Texas will receive support from Bank of America, which is awarding almost $900,000 to organizations still recovering from the pandemic and recent inflation, Dallas Innovates reported.
The bank chose to award the funds to those nonprofits that focus on promoting the arts, community needs/revitalization, supporting small businesses, and providing affordable housing.
Mike Pavell, the president of Bank of America Fort Worth, shared that it is important to prioritize needs in North Texas.
“At Bank of America, we recognize that prioritizing our community’s needs is critical to empowering all, especially our most vulnerable,” Pavell said in a statement to Dallas Innovates. “We are committed to supporting organizations that lift up all Fort Worth individuals and families.”
The 20 North Texas nonprofits awarded funds are:
- 6 Stones Mission Network
- Accelerated Foundation Inc.
- Bonton Farms Enterprises
- Boys & Girls Club of Collin County
- Casa Mañana Inc.
- Community Enrichment Center Inc.
- Community Frontline of Fort Worth Inc.
- Dallas Area Habitat for Humanity Inc.
- Dallas Symphony Association Inc.
- Denton Habitat for Humanity
- Forest Forward
- Fort Worth Symphony Orchestra Association
- Impact Ventures Accelerator
- Junior Achievement of the Chisholm Trail
- On the Road Lending
- Real Estate Council Community Fund
- SafeHaven of Tarrant County
- Tarrant County Homeless Coalition
- Trinity County Habitat for Humanity
- United Way of Metropolitan Dallas Inc.
Jennifer Chandler, the Bank of America Dallas president, suggested in a statement that this investment and others like it make the city stronger.
“Dallas nonprofits dedicate their time and energy to solve the complex societal challenges, build up our neighbors in need, and promote economic advancement,” Chandler said. “Philanthropic investments like these are just one way we deploy capital in the Dallas community to help drive economic opportunity and strengthen our community overall.”
The two nonprofit organizations that Bank of America highlighted with Dallas Innovates were Community Frontline and Forest Forward.
Community Frontline is based in Fort Worth, and funding from the new investment will be put toward its small business program. It will also fund the role of president and executive director for the organization, according to Dallas Innovates.
The nonprofit works with those living in poverty in Tarrant County. Community Frontline does this through economic development, education and mentoring, police/community relations, city beautification, and more.
Forest Forward is a Dallas-based nonprofit that works on revitalizing the neighborhoods on the south side of the city. The organization focuses on marginalized people in Dallas through three elements: mixed-income housing, educational support services, and restoring the Forest Theater.
“Forest Forward takes a holistic approach, anchored in the restoration and expansion of the Forest Theater offerings, to sustain the interest, growth, and success of the neighborhood revitalization,” the nonprofit’s website shared.
Funding from the Bank of America investment will advance Forest Forward’s mission of improving the South Dallas community. It will go toward expanding volunteer recruitment strategies, updating technology, working on communication strategies, and improving long-term outcomes.
