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FOR IMMEDIATE RELEASE
November 20, 2008
CONTACT Yvette Nuñez
267-296-7346
Asociación Puertorriqueños en Marcha,
Inc. Awarded $200,000 in Unrestricted Funding Through
Neighborhood Excellence Initiative® Awards from the
Bank of America Charitable Foundation
PHILADELPHIA,
PA. – The Bank of America Charitable Foundation today
announced Asociación Puertorriqueños en Marcha, Inc., as one
of two recipients of the prestigious Neighborhood
Excellence Initiative (NEI) Neighborhood Builder awards.
Neighborhood Builder winners receive $200,000 in unrestricted
grants.
“APM is building stronger neighborhoods each day through its
comprehensive health, human services, and community
development initiatives. We are honored and thrilled to have
been selected this year for the work we’ve been doing for 38
years,” shared Nilda Ruiz, APM President and CEO. Tom
Woodward, Pennsylvania State President at Bank of America
states, “The Neighborhood Excellence Initiative underscores
our belief that investing in leadership is a sound practice,
whether building the capacity of our nonprofit organizations,
developing current and emerging community leaders, or
preparing our youth for the future.”
Neighborhood
Builders – each receives $200,000 in unrestricted grant
funding, and the executive director and an emerging leader
from each organization participate in a leadership development
program sponsored by Bank of America to enhance their
strategic skills with other nonprofit leaders across the
country and London.
Bank of America is one of the few corporations in the U.S.
that provides unrestricted grant funding to nonprofit
organizations. This practice is based on Bank of America’s
belief that corporate philanthropy works best when it sustains
community efforts that are based on partnership, leadership
development and flexible funding.
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APM is a Latino based health, human services and community
development organization committed to assisting Philadelphia
area families to achieve their full potential by offering a
conglomerate of programs and services including education for
children, mental health support, drug and alcohol treatment,
health prevention and promotion and access to affordable
housing options |