Bank of America expanding partnership with Tunnels – Business News
Bank of America is expanding its financial dedication to army veterans, first responders and 9/11 memorial organizations nationwide because the nation prepares to mark the twenty fifth anniversary of the Sept. 11 terrorist assaults.
Headlining the company giving initiative is a new $250,000 dedication to the Tunnel to Towers Foundation’s “Veteran Villages” project.
The initiative delivers everlasting housing alongside complete help providers to homeless and weak veterans throughout 14 US markets, together with Las Vegas, Detroit, Buffalo, Charlotte, Long Island and New Jersey.
As half of the deployment, company staff will assemble 3,000 “Welcome Home” care kits for veterans coming into these amenities.
“Bank of America’s support for our Veteran Villages will change the lives of veterans who have struggled after returning home, providing them with a safe place to live and the support they need,” Frank Siller, chairman and CEO of Tunnel to Towers Foundation, mentioned in a assertion. “We’re grateful for their commitment to make sure no veteran is left behind on the streets of the country they served.”
The institutional sponsorship expands on more than $160 million in cumulative help Bank of America has funneled towards army service members and emergency responders over the previous 15 years.
“September 11 is a deeply significant part of our shared history,” mentioned Brian Moynihan, chair and chief govt officer of Bank of America. “As we remember those who lost their lives and recognize all who responded in service and sacrificed so much, we are continuing our longstanding support for first responders, veterans, military service members and the organizations that serve them.”
Frank Siller, Chairman and CEO of Tunnels to Towers Foundation, mentioned Bank of America’s help of the group will change veterans’ lives. Stephen Yang
Runners taking part within the annual Tunnels to Towers 5K on Sept. 28, 2025. Luiz C. Ribeiro for New York Post
On the cultural and historic entrance, the banking giant is stepping in as lead sponsor for the National September 11 Memorial & Museum’s new exhibition, “In Their Honor: 25 Years of 9/11 Inspired Service.” A $1 million allocation brings Bank of America’s lifetime backing for the museum previous $20 million.
Additionally, the bank is releasing $100,000 in refreshed funding for the National 9/11 Pentagon Memorial forward of a groundbreaking ceremony for its new Visitor Education Center in Arlington, Virginia.
In Manhattan, the bank is co-sponsoring the “Chairs of Remembrance” visible set up in Bryant Park, which shows 2,753 vacant chairs pointing south to represent the victims misplaced on the World Trade Center web site.
Bank of America is sponsoring a new exhibition on the National September 11 Memorial & Museum for the twenty fifth anniversary of the fear assaults. Robert Miller for NY Post
Tied to that show, the firm is granting $75,000 break up evenly among the many New York City Police Foundation, the FDNY Foundation, and the Port Authority PBA Widows’ and Children’s Fund.
Beyond money contributions, company workers have dedicated to 25,000 volunteer hours supporting army and first responder efforts by means of the top of the 12 months.
Legal groups and company workers taking part within the “Wills for Heroes” project throughout 12 areas will draft free estate-planning paperwork for native emergency responders and spouses.
More than 600 Merrill financial advisors and workers throughout almost two dozen cities may even pack food for regional food pantries alongside non-profit 9/11 Day, whereas lots of of worker runners will take part within the annual Tunnel to Towers 5K in New York City.
