Bank of America Honors Five Leaders Creating Change for People and Communities of Color

Neighborhood Builders: Racial Equality Award Honorees, Courtes of Bank of America. Top row, left to right, Nathaniel Smith and Manjusha (Manju) P. Kulkarni. Bottom row, left to right, Edgar Villanueva, Luz Corcuera, and John Rice. PRNewsfoto/ Bank of America Corporation
Neighborhood Builders: Racial Equality Award Honorees, Courtes of Bank of America. Top row, left to right, Nathaniel Smith and Manjusha (Manju) P. Kulkarni. Bottom row, left to right, Edgar Villanueva, Luz Corcuera, and John Rice. PRNewsfoto/ Bank of America Corporation

 Bank of America Honors Five Leaders Creating Change for People and Communities of Color

CHARLOTTE, N.C., PRNewswire -- Bank of America announced the inaugural honorees of its Neighborhood Builders: Racial Equality Award, a new recognition that honors individual leaders who are advancing racial equality and economic opportunity in Black, Hispanic-Latino, Asian American, and Native American communities. The five honorees are being recognized for their extraordinary contributions to break down systemic racial barriers and create opportunities for people of color across the country.

“Through this program we are recognizing the impact of inspiring leaders in our country who are creating real change,” said D. Steve Boland, chief administrative officer at Bank of America. “Supporting nonprofits and their leaders has been core to our approach of investing in the local communities we serve. We are proud to honor
these brilliant leaders and empower nonprofits with resources
to continue their work in support of communities of color.”

The Racial Equality Award is an extension of Bank of America’s signature philanthropic program, Neighborhood Builders®, which focuses on economic mobility and nonprofit leadership. Awardees have the opportunity to direct $200,000 in flexible funding to a nonprofit of their choice and the selected organizations will also be
invited to participate in the company’s year-long Neighborhood
Builders Leadership Program, which provides strategic growth and development trainings, setting the organizations up for long-term success.

The 2022 group of awardees includes:
Edgar Villanueva, Founder and Principal of Decolonizing
Wealth Project – New York: As the founder of the Decolonizing Wealth Project and Liberated Capital, Villanueva is a globally-recognized author and expert on the intersection of race, power, and wealth. He offers hopeful and compelling alternatives to the dynamics of
colonization in the philanthropic and social finance sectors.

Through this recognition, Villanueva plans to direct
Bank of America’s funding to Liberated Capital.

For more information about Bank of America, visit
www.bankofamerica.com

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