United Way of the Greater Triangle Named a 2020 Neighborhood Builder by Bank of America
United Way of the Greater Triangle is proud to announce that Bank of America has named the organization a 2020 Neighborhood Builder. The distinction — which includes a $200,000 flexible funding grant as well as unique leadership development opportunities for the CEO and an appointed emerging leader — was given to 98 high-impact nonprofits nationwide. United Way intends to use its grant to fund the expansion of equity initiatives in the Triangle including the organization’s 10 to Watch program and a Triangle Equity Atlas, a comprehensive local data resource to track, measure, and make the case for investments in local communities.
“It is an incredible honor to be recognized as an organization leading the charge on addressing the toughest challenges our neighbors face in the Triangle,” said Eric Guckian, United Way of the Greater Triangle’s President and CEO. “From access to affordable housing to systemic inequities, individuals needing the most support often face the biggest hurdles. Change starts from within the community and we’re grateful to receive support from a true community partner like Bank of America.”
Bank of America’s Neighborhood Builders program was founded in 2004 to advance nonprofit leaders addressing economic mobility and social progress issues in the communities the company serves. Since then, Bank of America has invested more than $265M in 92 communities, including 1,300 nonprofits and more than 2,600 nonprofit leaders.
“As our community continues to face challenges – from urgent healthcare needs to the necessary progress we must make around economic opportunity – the Neighborhood Builders program is a timely initiative to support the local markets we serve,” said Kari Stoltz, Triangle market president, Bank of America. “This program enables partners like United Way of the Greater Triangle to plan strategically and address the critical needs of our community at a time when support is needed most.”
Nick Allen, United Way’s Chief Program Officer, has been selected by the organization as the emerging leader to benefit from a full year of leadership training. Since joining the organization in 2015, Nick has led significant organizational successes including the Rapid Response Fund, Anti-Racism Community Fund, Durham One Fund, 10 to Watch initiative, and much more.
Bank of America also provided a $25,000 grant this year to support United Way’s 10 to Watch program. Launched in 2018, the program aims to equalize racial and gender disparities when it comes to organizational resources by providing half-million-dollar investments over multiple years to ten high-impact organizations led by women and people of color. Click here to learn more.