Bank of America Provides 10,000 Chromebooks to CMS Students in Charlotte

Rhea-AI Summary

Bank of America is donating 10,000 Chromebooks to support Charlotte-Mecklenburg Schools students, addressing the digital divide exacerbated by the pandemic. Distribution begins today with partners including Novant Health and E2D. The laptops aim to enhance educational access for over 90% racially and ethnically diverse households. In addition to the devices, the bank commits 10,000 volunteer hours for mentoring and tutoring. Bank of America has invested $6 million in Charlotte over five years, focusing on education and local community support.

Positive

• Donation of 10,000 Chromebooks enhances educational access.
• Partnerships with local organizations to ensure effective distribution.
• Commitment of 10,000 volunteer hours supports community engagement.
• Investment of $6 million in community initiatives over five years.

Negative

• None.

As the need for connectivity among Charlotte-Mecklenburg Schools’ students and their families has become increasingly more evident, Bank of America is helping to close the digital divide by donating 10,000 Chromebooks for students to use in their homes. Today, distribution of those devices to the students and their families begins, in partnership with Novant Health, Eliminate the Digital Divide (E2D), the City of Charlotte, Mecklenburg County and CMS.

The Chromebooks will support students with their education and help their families by providing critical connectivity to educational tools, job opportunities, online training and other resources. More than 90% of the households receiving devices are racially and ethnically diverse. In addition to 10,000 devices, Bank of America is pledging 10,000 volunteer hours to support local students this school year through tutoring, mentoring, and in other ways.

“This effort will be transformative for students and their families as they navigate a world that is increasingly reliant on technology,” said President of Bank of America Charlotte Kieth Cockrell. “Insufficient access to digital resources is a problem our residents have faced for years, and it has only been exacerbated by the pandemic. With the leadership of CMS Superintendent Ernest Winston, Pat Millen from E2D and numerous members of the public and private community, our city is coming together to solve it. And I look forward to other companies in our region coming forward to help Charlotte become the first city in the nation to eliminate the digital divide.”

These brand-new devices come complete with full functionality and are provided to the students and their families on a permanent basis, so that the entire household can benefit both during the school year and between academic calendar years. Select students from 69 schools, including 5 Title I high schools and their feeder elementary and middle schools, will be prioritized to receive the Chromebooks.

“I am grateful to Bank of America for this generous donation to our students and their families,” said CMS Superintendent Earnest Winston. “Access to technology is a crucial step in our commitment to equity and is necessary for success in the 21^st century. These Chromebooks will allow our students to readily engage in their education and open new opportunities for them and their loved ones.”

Bank of America is partnering with Novant Health to provide coronavirus vaccinations at an upcoming distribution event. The health system will also help schedule appointments for back-to-school immunizations.

“We are excited to partner with Bank of America to make sure that our students in Charlotte have access to all the resources they need before returning to school this fall,” said Dr. Jerome Williams, senior vice president of consumer engagement, Novant Health. “By offering on-site COVID-19 vaccinations and scheduling appointments for back-to-school immunizations, we can ensure students' health needs are taken care of so they can have a safe and healthy school year."

Bank of America is also working in partnership with E2D, a non-profit agency committed to ensuring that all students have affordable access to essential at-home technology and digital literacy training to support academic success and prepare students for college, careers, and beyond. E2D will assist in the distribution of the Chromebooks, which will be delivered before the 2021-2022 school year begins.

“Since 2013, E2D has been working diligently to chip away at Charlotte’s digital divide and we have been delighted to see corporate Charlotte step up to join us in our work,” said Pat Millen, E2D Founder and President. “Bank of America’s generous computer donation is single-handedly eliminating a massive chunk of this remaining need. We are hopeful that Bank of America’s laptop donation may inspire other large corporate technology grants to help Charlotte eliminate its digital divide permanently.”

Bank of America invests in the communities it serves through programs and partnerships that address complex societal challenges. As a part of that, the bank has committed $6 million in Charlotte over the past five years working with non-profit and governmental agencies to support education, employment, leadership training, and mentoring for local students, including programs like Big Brothers Big Sisters, Read Charlotte, the Charlotte Mecklenburg Police Department's Envision Academy, the Mayor’s Youth Employment Program, and Freedom School Partners. Bank of America also has created its own Student Leaders^® program, which annually connects more than 300 community-minded high school juniors and seniors from nearly 100 communities to employment, skills and development service.

Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Connect with us on Twitter (@BofA_News).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

www.bankofamerica.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210729005131/en/

FAQ

What is Bank of America's recent initiative to support Charlotte-Mecklenburg Schools?

Bank of America is donating 10,000 Chromebooks to Charlotte-Mecklenburg Schools to help close the digital divide.

How many Chromebooks is Bank of America donating?

Bank of America is donating 10,000 Chromebooks to students in Charlotte-Mecklenburg Schools.

What is the role of Novant Health in Bank of America's Chromebook donation?

Novant Health is partnering with Bank of America to facilitate the distribution of the Chromebooks and provide health resources.

What is the demographic of households receiving Chromebooks?

More than 90% of the households receiving Chromebooks are racially and ethnically diverse.

What additional support is Bank of America providing alongside the Chromebook donation?

Bank of America is pledging 10,000 volunteer hours for tutoring and mentoring local students.