College Visions Named a Neighborhood Builder by Bank of America
This generous award provides CV with leadership training and $200,000 in flexible funding to support low-income and first-generation students in Rhode Island
PROVIDENCE, RI - The Bank of America Charitable Foundation has named College Visions a 2014 Neighborhood Builder in recognition of the organization’s dedication to youth mentoring and promoting college readiness in low-income communities in Rhode Island. Neighborhood Builders® is a strategic investment in communities that combines $200,000 in flexible funding with leadership training for high-performing nonprofits and their executives.
College Visions provides low-income and first-generation youth in Rhode Island with individualized advising and resources needed to enroll in higher education and earn a degree. The need for college-focused advising programs in the state is critical. Less than half of Providence public school graduates enroll in college, and just 1 in 5 will earn a college degree, according to the nonprofit.
"Too many talented young people aspire to a college degree but never make it to the finish line,” said Simon Moore, executive director, College Visions. “Together with Bank of America, we're changing that. Our model empowers disadvantaged students to enter and graduate from college at an outstanding rate. Thanks to Neighborhood Builders support, College Visions will be able to reach hundreds more deserving youth."
“College Visions is helping to strengthen Rhode Island’s future, one student at a time,” said Bill Hatfield, Rhode Island president, Bank of America. “This investment will expand their life-changing programming for an even greater impact.”
Through the Neighborhood Builders program, Bank of America has given $2.6 million to 13 Rhode Island nonprofits over the past eight years, and 24 nonprofit leaders have completed the leadership training program.
January 20, 2015
Reporters May Contact:
T.J. Crawford, Bank of America, 646.855.3301
Learn more about Bank of America at https://www.bankofamerica.com/