Press Release

Bank of American Awards Atlanta Technical College Foundation $200,000 to Improve Student Outcomes

The Bank of America Charitable Foundation has welcomed the Atlanta Technical College Foundation into its Neighborhood Builder® program. The initiative supports high-performing nonprofits that have made a significant impact in the community working in the bank’s priority funding areas of housing, jobs and hunger relief. The Neighborhood Builder program is a strategic investment that pairs leadership training with a $200,000 unrestricted grant so leaders gain valuable skills while applying funding where it is most needed.

“Nonprofits provide much needed services in metro Atlanta, but too often lack the opportunity to invest in their own long-term growth and development,” said Geri Thomas, Georgia president Bank of America. “By recognizing the Atlanta Technical College Foundation as Neighborhood Builders, we know that they are poised to make an even greater impact in our community.”

Atlanta Technical College prepares Georgians for high demand occupations such as bioscience, nursing, commercial truck driving, aviation maintenance and supply chain management.Funds from the grant will support student success by helping to reduce the financial obstacles students face.The Atlanta Technical College Foundation (ATCF) will use the award from the Bank of America grant to help students pay for tuition, books, supplies and public transportation as well as support student activities.

“Our mission at Atlanta Technical College is workforce development,” said Dr. Alvetta Peterman Thomas, president, Atlanta Technical College.“With the Bank of America grant, we will be able to ensure that more of our students have the support they need to graduate and become successful in the world of work.”

According to the Bridgespan Group, Neighborhood Builders is the largest investment in nonprofit leadership development: 2.5 times the next largest program (in spending) and the third largest in number of leaders served. Since 2004, Bank of America has invested more than $165 million through the program, recognized over 730 nonprofits and trained nearly 1,500 nonprofit leaders. The Neighborhood Builders program is a capstone initiative building on the bank’s broader philanthropic commitment to addressing core issues that are critical to the economic vitality of local economies, with a particular focus on low and moderate income communities.