Good Interest

The banks often give money that doesn’t have to be paid back

Bank of America

Total giving nationwide for 2006
$200 million

Total giving in North Carolina for 2006
$18,142,854

Funding priorities
Affordable housing, education, and human services

Notable recipients
United Way of America, Habitat for Humanity International, American Red Cross, The National Urban League, The National Council of LaRaza, and NeighborWorks America

Employee volunteer hours
500,000-plus

Employee contribution
Company matches dollar for dollar up to $10,000 per employee each year to nonprofit organizations.

Wachovia

Total giving nationwide for 2006
$118 million

Total giving in North Carolina for 2006
$33.8 million

Funding priorities
Education, community development, health and human services, and arts and culture

Notable recipients
Teach For America, United Way of America, American Red Cross, American Cancer Society, March of Dimes, and Susan G. Komen for the Cure

Employee volunteer hours
710,000-plus

Employee contribution
Company matches dollar for dollar up to $4,000 per employee each year to nonprofit organizations. 

 

Categories: Feature, The Buzz