Bank of America Community Volunteers

RICHMOND, VA – Bank of America has announced a $100,000 donation to Feed More to address food insecurity in Central Virginia. According to Feeding America, nearly 11% of Central Virginians face food insecurity today – that’s more than 165,000 neighbors who may not know where their next meal will come from. As the pandemic continues, Feed More faces ongoing challenges such as increased demand for their services, supply chain delays and rising food prices.

Bank of America is supporting its employees’ health and safety while addressing one of the local communities’ most critical needs. Earlier this year, the company announced it would make a $100 donation to local hunger relief organizations and food banks for each employee in Richmond who received a COVID-19 booster shot or vaccine and notified the bank before the end of January.

Bank of America is supporting its employees’ health and safety while addressing one of the local communities’ most critical needs. Earlier this year, the company announced it would make a $100 donation to local hunger relief organizations and food banks for each employee in Richmond who received a COVID-19 booster shot or vaccine and notified the bank before the end of January.

“For years, Feed More has fought against the invisibility of hunger in our community. The last two years of the pandemic have not only revealed this challenge to many of us, but it has also truly exasperated the need.” Feed More President and CEO Doug Pick said. “Bank of America has always understood its corporate responsibility of giving back to its communities, and we greatly respect them for understanding the immense need for vaccinations to reduce the pandemic’s spread and its impact on hunger. This incredibly generous donation will go directly to the significantly increased demand as a result of the pandemic.”

Nationally, the bank has committed $10.6 million dollars to food banks and hunger relief organizations through this effort. Since 2015, Bank of America has donated nearly $150 million toward hunger relief efforts.

“As the pandemic continues to impact the Richmond Region, food banks and hunger relief organizations are experiencing increased demand and higher costs to meet the needs of individuals and families,” said Victor Branch, President, Bank of America Richmond. “Our commitment to help strengthen the communities we live in and serve is unwavering, which is why we are investing in the health, safety and wellbeing of our teammates while also providing funds to help local organizations support our neighbors and fight food insecurity.”

Bank of America committed to donating a minimum of $25,000 in each of the company’s 93 markets to
local nonprofit partners as part its vaccine booster effort. Because vaccination boosters and reporting are
voluntary and additional company contributions are reflected in the final amount, actual donation
amounts differ from the number of boosters reported by bank employees.

The company has encouraged staff to get COVID-19 vaccinations since summer 2021 and has offered
incentives such as paid time-off and $500 credits towards health benefit premiums. In partnership with
local nonprofits, Bank of America has also distributed more than 38 million masks, 41,000 cases of hand
sanitizer and 11 million gloves in local communities as part of its ongoing efforts to address health-related
disparities accelerated by the pandemic.

About Feed More
Feed More collects, prepares and distributes food to neighbors in need throughout Central Virginia. With
a service area that stretches across 34 counties and cities, Feed More’s comprehensive programs and
network of nearly 300 agencies helps ensure our communities have access to healthy meals year-round.
Feed More is a proud member of Feeding America and Meals on Wheels America. For additional
information, please visit FeedMore.org, find us on Facebook and follow us on Instagram and Twitter.

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).
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