BofA Grand Rapids “Day of Giving” Highlights Nearly $1 Million Investment in West Michigan Throughout 2025

Bank of America celebrated its annual “Day of Giving” in Grand Rapids yesterday by recognizing its 2025 nonprofit partners in West Michigan, bank employee volunteers, and overall community impact for the year.

More than 100 bank teammates volunteered yesterday for the Day of Giving at area nonprofit organizations, including the Equest Center for Therapeutic Riding in Rockford. The day also included a market-wide celebration and culminated in a grand “GIVE” holiday reception with local community and nonprofit leaders, bank employees, and alumni of the Bank of America Student Leaders program.

The bank also named Lakeshore Advantage as the 2025 Neighborhood Builder. As a Neighborhood Builder, the nonprofit organization will receive $50,000 in flexible funding and comprehensive leadership training for its president and an emerging leader. Lakeshore Advantage also joins a nationwide network of peer organizations and gains the opportunity to access resources to expand its impact.

Lakeshore Advantage is the economic development organization serving Allegan and Ottawa Counties in West Michigan. Since 2003, it has supported the growth of primary employers—ranging from startups to global corporations—by solving economic challenges and fostering long-term regional prosperity. Last year, Lakeshore Advantage facilitated $243.9 million in private sector investments, helped businesses secure $44.7 million in support funds, and helped create or retain over 550 jobs.

“We are deeply grateful for Bank of America’s investment in our Powering Our Future plan,” said Jennifer Owens, president, Lakeshore Advantage. “This grant strengthens our ability to support the employers, entrepreneurs, and emerging talent who power the Lakeshore region’s economic success. Bank of America has been a committed partner in advancing economic opportunities, and we appreciate their continued leadership in helping communities like ours prepare for the future.”

The Neighborhood Builders grant will support Lakeshore Advantage’s Powering Our Future economic growth plan, which builds on the organization’s 20-year legacy of economic development. The plan is designed to generate and attract 5,000 new high-wage, high-demand jobs in the Lakeshore region.

Overall, Bank of America Grand Rapids awarded nearly $1 million in grants to 24 nonprofits through sponsorships and events, the bank’s Leader on Loan program, and employee giving initiatives for 2025. In addition to the 24 grantees, employees supported 70 additional community partners through personal contributions.

Bank employees also logged over 5,100 hours volunteering, hosting numerous financial education events, and participating on the boards of 77 local nonprofits this year. These nonprofit partners are improving lives of individuals and families throughout West Michigan by investing in emergency shelter, affordable housing, food, and financial education.

“At Bank of America, we recognize that economic growth is strongest when communities thrive,” said Paul Keifer, president, Bank of America Grand Rapids. “Our focus is on connecting resources where they can have the greatest impact. This includes helping local businesses expand, supporting workforce development, and strengthening nonprofit partners through programs such as Neighborhood Builders to drive further economic opportunity across West Michigan.”

In addition to Lakeshore Advantage, Habitat for Humanity Kent County, Junior Achievement of Michigan Great Lakes, and The Economic Club of Grand Rapids were among this year’s grantees.

For more than 10 years, Bank of America in Grand Rapids has awarded nearly $8 million to fund partner initiatives, and its employees have spent thousands of hours supporting these important organizations.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million consumer and small business clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

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