Summary
Bank of America has announced a $350,000 grant to support American Corporate Partners, a nonprofit that assists veterans and military spouses in transitioning to civilian jobs. This funding will help 250 mentorships over the next year and is part of the bank’s broader effort to support veterans and military families.
Key Facts
- Bank of America is giving $350,000 to American Corporate Partners (ACP).
- ACP helps veterans and military spouses move into civilian careers.
- The funding will support 250 mentorships over one year.
- The announcement was made to coincide with Veterans Day, which is on November 11.
- Bank of America and ACP have been partners since 2018.
- Bank of America aims to hire 10,000 more people with military backgrounds over five years.
- ACP’s program has helped nearly 40,000 veterans and spouses nationwide.
- Bank of America also runs a Military Support & Assistance Group with 43 chapters across the country.