Tuesday, March 04, 2008; Posted: 10:28 AM
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Our research resources have been aimed towards the US Large Caps and the various prospective companies therein. Bank of America Corporation was among those that we have been closely examining due to their recent news and trading patterns.
March 3rd 2008, The Cummer Museum of Art & Gardens celebrated two major developments in the Facilities and Grounds Master Plan and Five-year Strategic plan. Susan Walker, Florida President, Bank of America, presented the museum with a $1 million grant from the Bank of America Charitable Foundation. This lead corporate gift accelerates the museum's restoration and construction plans to preserve the historic Woman's Club of Jacksonville, to be renamed the new Edward W. Lane, Jr. Building. When complete this landmark building will provide additional civic space for museum lectures, programs and events.
Building on a long-standing tradition of investing in the communities it serves, Bank of America is in its fourth year of achieving an unprecedented 10-year goal to donate $1.5 billion to nonprofit organizations engaged in improving the health and vitality of their neighborhoods. Funded by Bank of America, the Bank of America Charitable Foundation will give more than $225 million in 2008, making the bank the most generous financial institution in the world and the second largest donor of all U.S. corporations in cash contributions. Bank of America approaches giving through a national strategy called "neighborhood excellence" under which it works with local leaders to identify and meet the most pressing needs of individual communities. Through Team Bank of America, bank associate volunteers contributed more than 650,000 hours in 2007 to enhance the quality of life in their communities nationwide. For more information about Bank of America Corporate Philanthropy, please visit www.bankofamerica.com/foundation.
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