02.25.2020 < BACK TO PRESS RELEASES
Bank of America Commits $100,000 Toward Hispanic Federation Recovery Efforts in Puerto Rico
After devastating earthquakes, Bank of America reinforces long-standing support for Hispanic Federation’s Unidos disaster relief program and Puerto Rico's communities
NEW YORK, NY. Tuesday, February 25, 2020 - Hispanic Federation applauds Bank of America for standing with Puerto Rico, which was struck by a series of earthquakes starting in early January. As part of an ongoing commitment to helping the island rebuild, the Bank of America Charitable Foundation has contributed another $100,000 to the Hispanic Federation’s UNIDOS Disaster Relief and Recovery Program for Puerto Rico on top of their recent $250,000 funding.
Bank of America, a longtime partner of the Hispanic Federation, has helped with the aid of Puerto Rico since Hurricane Maria in 2017, focusing on economic development, housing, and reforestation. With these new contributions, Bank of America will continue its longstanding commitment to supporting Puerto Rico through the recovery process.
“Hispanic Federation is proud to receive the continuing support of Bank of America to help Puerto Rico’s communities recover from the onslaught of natural disasters that began with Hurricane Maria in 2017 and intensified in recent weeks with a series of major earthquakes and aftershocks,” said Frankie Miranda, President and CEO of the Hispanic Federation.
“The generous support from Bank of America is greatly needed, especially as the federal government continues to erect roadblocks to the distribution of disaster relief funding approved by Congress,” Miranda added.
Hispanic Federation launched the Unidos program in the wake of Hurricane Maria to partner with grassroots organizations, individuals, businesses and foundations to address the multiple long term needs of the island’s residents. Through Unidos, the organization has provided emergency relief and has initiated 118 recovery and rebuilding projects in Puerto Rico since the 2017 extreme weather disasters.
#####
About Hispanic Federation: The mission of the Hispanic Federation is to empower and advance the Hispanic community. The Federation works closely with Latino health and human services agencies to promote the social, political and economic well-being of the Latino community. The Federation׳s seven strategic action areas include education, health, economic empowerment, immigration and civic engagement, the environment and organizational development assistance. For more information, please visit www.hispanicfederation.org.
About Bank of America: At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
Media Contact: Gebe Martinez | gebe.gmnetworking@gmail.com | 703-731-9505