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United Way of New York City receives USD100,000 grant from BofA.

Global Banking News-February 16, 2015--United Way of New York City receives USD100,000 grant from BofA

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Global Banking News - 16 February 2015

Bank of America (BofA) (NYSE: BAC) has awarded n USD100,000 grant to United Way of New York City (UWNYC) in support of its Food Support Connections (FSC) programme.

The UWNYC FSC programme seeks to help end chronic hunger by reaching out to New Yorkers, who are eligible but not enrolled for the Federal Supplemental Nutrition Assistance Program (SNAP). SNAP provides nutrition assistance to low-income individuals and families, and is claimed to be the largest programme in the domestic hunger safety net.

Sheena Wright, President & CEO, United Way of New York City, said, 'For the past eleven years, through outreach, education and assistance; and with the help of community based organisations, UWNYC has worked diligently to decrease food insecurity and the prevalence of diet -related diseases in New York City. We are grateful that our vision is shared by Bank of America, and that they are once again standing in unity with us on this initiative.'

BofA's one-year grant will allow 600 meals to be provided to 7,000 households, for a total of 4.2 million meals. Populations that will be the focal point include the working poor, Latinos and seniors. Through its hunger programmes, United Way of New York City have been able to help more than 180,000 individuals receive benefits so far, it said.

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Publication:Global Banking News (GBN)
Date:Feb 16, 2015
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