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BofA Celebrates 20 Years of Paid Summer Internship Program - Student Leaders

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Bank of America is celebrating 20 years of its Student Leaders® program, a signature philanthropic initiative that provides paid summer internships to high school juniors and seniors. Since 2004, the program has:

  • Placed 4,500 students in internships across nearly 100 communities
  • Partnered with over 500 local nonprofits
  • Invested $42 million in youth workforce development

The program aims to prepare a diverse pipeline of young adults for success in the modern workforce by offering early work experience, leadership skills, and financial education. Many former participants have gone on to become leaders in various fields, including business, nonprofit sector, and even politics. The program culminates in a leadership summit in Washington, D.C., fostering networking and learning opportunities for participants.

Bank of America sta celebrando 20 anni del suo programma Student Leaders®, un'iniziativa filantropica di punta che offre tirocini estivi retribuiti a studenti delle scuole superiori. Dal 2004, il programma ha:

  • Inserito 4.500 studenti in tirocini in quasi 100 comunità
  • Collaborato con oltre 500 organizzazioni nonprofit locali
  • Investito 42 milioni di dollari nello sviluppo della forza lavoro giovanile

Il programma mira a preparare una pipeline diversificata di giovani adulti per avere successo nel moderno mercato del lavoro offrendo esperienza lavorativa precoce, abilità di leadership ed educazione finanziaria. Molti ex partecipanti sono diventati leader in vari settori, tra cui business, settore nonprofit e persino politica. Il programma culmina in un summit di leadership a Washington, D.C., favorendo opportunità di networking e apprendimento per i partecipanti.

Bank of America está celebrando 20 años de su programa Student Leaders®, una iniciativa filantrópica emblemática que ofrece pasantías de verano pagadas a estudiantes de secundaria. Desde 2004, el programa ha:

  • Colocado a 4,500 estudiantes en pasantías en casi 100 comunidades
  • Colaborado con más de 500 organizaciones sin fines de lucro locales
  • Invertido 42 millones de dólares en el desarrollo de la fuerza laboral juvenil

El programa tiene como objetivo preparar un grupo diverso de jóvenes para el éxito en la fuerza laboral moderna, ofreciendo experiencia laboral temprana, habilidades de liderazgo y educación financiera. Muchos ex participantes han llegado a ser líderes en varios campos, incluidos negocios, el sector sin fines de lucro e incluso la política. El programa culmina en una cumbre de liderazgo en Washington, D.C., fomentando oportunidades de networking y aprendizaje para los participantes.

Bank of America는 20주년 기념으로 Student Leaders® 프로그램을 축하합니다. 이 프로그램은 고등학교 2, 3학년 학생들에게 유급 여름 인턴십을 제공하는 주요 자선 이니셔티브입니다. 2004년 이후, 이 프로그램은:

  • 거의 100개 지역 커뮤니티에서 4,500명의 학생들을 인턴십에 배치했습니다.
  • 500개 이상의 지역 비영리 단체와 협력했습니다.
  • 청년 노동력 개발에 4200만 달러를 투자했습니다.

이 프로그램은 다양한 젊은 성인 인재를 현대 노동 시장에서 성공할 수 있도록 준비시키기 위해 조기 근무 경험, 리더십 기술, 재정 교육을 제공합니다. 많은 전 참여자들이 비즈니스, 비영리 부문, 심지어 정치와 같은 여러 분야의 리더가 되었습니다. 프로그램은 워싱턴 D.C.에서의 리더십 서밋으로 마무리되며, 참가자들에게 네트워킹 및 학습 기회를 제공합니다.

Bank of America célèbre 20 ans de son programme Student Leaders®, une initiative philanthropique phare qui offre des stages d'été rémunérés aux élèves de lycée. Depuis 2004, le programme a :

  • Accueilli 4 500 étudiants en stage dans près de 100 communautés
  • Partenariat avec plus de 500 organisations à but non lucratif locales
  • Investi 42 millions de dollars dans le développement des compétences professionnelles des jeunes

Le programme vise à préparer un pipeline diversifié de jeunes adultes pour réussir dans le marché du travail moderne grâce à des expériences de travail précoces, des compétences en leadership et une éducation financière. De nombreux anciens participants sont devenus des leaders dans divers domaines, notamment les affaires, le secteur associatif et même la politique. Le programme culmine avec un sommet de leadership à Washington, D.C., favorisant les opportunités de mise en réseau et d'apprentissage pour les participants.

Bank of America feiert 20 Jahre seines Student Leaders® Programms, einer herausragenden philanthropischen Initiative, die bezahlte Sommerpraktika für Schüler der Oberstufe anbietet. Seit 2004 hat das Programm:

  • 4.500 Schüler in Praktika in nahezu 100 Gemeinden platziert
  • Mit über 500 lokalen Non-Profit-Organisationen zusammengearbeitet
  • 42 Millionen Dollar in die Entwicklung der Jugendarbeitskräfte investiert

Das Programm zielt darauf ab, eine vielfältige Pipeline junger Erwachsener für den Erfolg im modernen Arbeitsmarkt vorzubereiten, indem es frühe Arbeitserfahrungen, Führungskompetenzen und finanzielle Bildung anbietet. Viele ehemalige Teilnehmer sind führend in verschiedenen Bereichen geworden, einschließlich Wirtschaft, Non-Profit-Sektor und sogar Politik. Das Programm culminates in einem Führungsgipfel in Washington, D.C., der Networking- und Lernmöglichkeiten für die Teilnehmer schafft.

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Prestigious Program Has Provided 4,500 Students with Work Experience, Leadership Skills to Help Build Future Careers

WASHINGTON, July 24, 2024 /PRNewswire/ -- Bank of America is celebrating two decades of helping prepare the next generation of the nation's workforce for skilled, high-demand careers through its signature philanthropic program, Student Leaders® (#BofAStudentLeaders). Launched in 2004, the program connects service-minded high school juniors and seniors to eight-week paid summer internships with local nonprofits to gain early work experience and leadership skills. With these internships often representing the students' first paychecks, the teens also receive financial education coaching through Bank of America's Better Money Habits® platform.

As the workplace continues to rapidly evolve and new career opportunities develop, Bank of America recognized early on the need to prepare a diverse pipeline of young adults for success in the modern workforce. Over the program's 20 years, the bank has placed 4,500 students across nearly 100 communities into paid internships at more than 500 local nonprofits – representing a $42 million investment into youth workforce development.

Many of these student interns continued to make an impact long after their internships ended, becoming leaders in business as CEOs, heads of nonprofits, authors, medical professionals, teachers and even the first Gen Z Member of Congress.

"By providing career and leadership development opportunities to teens for 20 years, Bank of America continues to help develop the next generation of skilled workers that is essential to America's long-term workforce and economic growth," said AJ Barkley, Head of Corporate Social Responsibility (CSR), Bank of America. "The Student Leaders program has – and will continue to have – a tremendous impact and longevity because of the inspiring young people and nonprofit partners at the heart of the program."

The capstone of the annual program brings current Student Leaders to Washington, D.C. for a leadership summit to build strong peer networks, hear from proven business, government and community leaders, learn about cross-sector collaboration and participate in community service activities.

Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

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.

Reporters May Contact:
Carla Molina, Bank of America
Phone: 1.832.283.2681 
carla.molina@bofa.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bofa-celebrates-20-years-of-paid-summer-internship-program--student-leaders-302205394.html

SOURCE Bank of America Corporation

FAQ

What is Bank of America's Student Leaders program and when did it start?

Bank of America's Student Leaders program is a paid summer internship initiative for high school juniors and seniors that began in 2004. It provides early work experience and leadership skills by placing students in internships with local nonprofits.

How many students has BAC's Student Leaders program supported over 20 years?

Over its 20-year history, Bank of America's Student Leaders program has placed 4,500 students into paid internships across nearly 100 communities.

What is the financial investment made by BAC in the Student Leaders program?

Bank of America has invested $42 million into youth workforce development through its Student Leaders program over the past 20 years.

What additional benefits do participants in BAC's Student Leaders program receive?

Participants in Bank of America's Student Leaders program receive financial education coaching through the bank's Better Money Habits platform and attend a leadership summit in Washington, D.C.

How has BAC's Student Leaders program impacted participants' future careers?

Many former participants of Bank of America's Student Leaders program have become leaders in various fields, including CEOs, heads of nonprofits, authors, medical professionals, teachers, and even the first Gen Z Member of Congress.

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