IE Business Daily Business news for the Inland Empire.
Twenty-six nonprofit agencies in the Inland Empire have been given a boost by the Bank of America.
The organizations, which address a number of economic development issues in Riverside and San Bernardino counties, collectively received $282,500 in economic mobility grants, according to a statement released Tuesday.
The grants, which are part of a series of charitable donations the bank distributes every year, help pay for things like affordable housing, housing for veterans, resources for small business management and arts and cultural programming.
“Partnering with organizations focused on neighborhood revitalization is part of our approach to sustainable growth, and helps make it easier for Inland Empire residents to achieve financial stability,” said Al Arguello, Inland Empire market president for Bank of America, in the statement. “We’re proud to support nonprofits that help spark economic growth for neighborhoods and the region.”
The Riverside Art Museum, Coachella Valley Housing Coalition and San Bernardino Symphony Association were among the recipients. How much money each organization received was not disclosed.
