BofA names GraceWay Village 2024 Neighborhood Champion
Commemorating its fifth year, Bank of America’s Neighborhood Champions® program provides multiyear flexible grant funding annually to high-impact nonprofits in nearly 40 communities nationwide. On the Treasure Coast, Bank of America has named GraceWay Villageas its 2024 Neighborhood Champion for its work removing barriers and promoting economic opportunity in St. Lucie County.
As a Neighborhood Champion, GraceWay Village is awarded a $50,000 grant over two years, leadership training resources for the organization’s executive director, access to technical coaching and a national network of nonprofit peers.
“This year we celebrate five years of strengthening Treasure Coast nonprofits that provide solutions to local challenges and promote economic advancement through Neighborhood Champions,” said Susan Rabinowitz, president, Bank of America Treasure Coast. “Providing these high-impact nonprofits with flexible funding and leadership training helps them address critical needs and create meaningful lasting change in our communities. Countless individuals, families and neighborhoods have felt the profound impact that these nonprofits have had on the Treasure Coast over the past five years.”
GraceWay Village plays a pivotal role in fueling economic progress through its comprehensive range of programs and services. By providing vital resources such as free meals, clothing assistance, and educational workshops, GraceWay Village addresses immediate needs while fostering long-term stability and empowerment. This new grant will help fund the enhancement of existing programs, such as the Cafe and Clothing Boutique, allowing them to reach more individuals and families facing food and clothing insecurity. Additionally, it will assist in the Family Restorative Living Facility aimed at addressing the homeless population’s need for a place to live due to Florida’s increase in housing prices.
“This funding will go a long way towards helping us meet the increasing need for services here in the Saint Lucie County community,” said Chrystal Netherton, CEO of GraceWay Village. “This year alone, we have seen a 35 percent increase in the need for meals to feed families and individuals facing economic challenges, so we greatly appreciate the support from Bank of America and are honored to be recognized as a Neighborhood Champion.”
Neighborhood Champions is part of the bank’s longstanding efforts to build thriving communities by addressing issues fundamental to economic opportunity. The invitation-only program is highly competitive, with awardees selected by a committee comprised of community leaders and past awardees. Since 2019, Bank of America has invested over $9 million in more than 200 nonprofits within more than 40 communities through the Neighborhood Champions program.
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