Submitted by: Bank of America Corporation
Categories: Philanthropy & Corporate Contributions
Posted: Jul 18, 2000 – 12:00 AM EST
Jul. 18 /CSRwire/ - Bank of America has been honored with the 1999 Donaldson Award, one of the North Carolina Governor's Business Awards in the Arts and Humanities. The award was presented to Bank of America for its long-standing support of the arts to improve the quality of life in the communities in which it does business.
Throughout North Carolina, Bank of America contributes to hundreds of arts agencies and local arts councils through monetary and in-kind donations. Each year, bank associates log thousands of volunteer hours at local arts organizations. Bank of America also makes in-kind donations of computers and fax and copy machines to cultural organizations.
The Bank of America Corporate Art Program manages an art collection of more than 30,000 objects that are installed in the bank's portfolio of properties throughout the U.S., Europe and Asia. The Art Program operates galleries in Charlotte, San Francisco and Seattle. Each year, these galleries present changing exhibitions, many featuring works from the bank's own collection.
In 1998, Bank of America purchased the Hewitt collection, one of the country's most distinguished collections of African-American art, and donated it to Charlotte's Afro-American Cultural Center. The collection is currently on a three-year national tour visiting more than a dozen museums and cultural centers across the United States.
In 1997-99, Bank of America supported the visual arts in the center city by converting two of its existing properties into The Mint Museum of Craft + Design and the Tryon Center for Visual Art. Since 1997, the bank has commissioned eight site-integrated works of art in its buildings along N. Tryon Street as well as wayfinding graphics in its four newest parking garages.
The Bank of America Foundation contributes financial assistance to nonprofit institutions and organizations that enhance the quality of life and promote the public interest in the areas where the company conducts its business. The Foundation's major areas of giving include education, health and human services, community development, and arts and culture.
Bank of America is the largest bank in the United States. It has full-service operations in 21 states and the District of Columbia and provides financial products and services to 30 million households and two million businesses, as well as providing international corporate financial services for business transactions in 190 countries. The company's stock (ticker: BAC) is listed on the New York, Pacific and London stock exchanges, and certain shares are listed on the Tokyo Stock Exchange.
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