April 26, 2021 at 9:00 AM Eastern
Bank of America today announced a $1.5 million commitment as part of its work to advance racial equality and economic opportunity in Massachusetts. King Boston, an organization dedicated to raising awareness of the legacy of Dr. Martin Luther King Jr. and Coretta Scott King in Boston, and the Massachusetts League of Community Health Centers, which offers support and assistance to the state’s 52 community health centers, will both receive funding. The grant funding is aligned to the bank’s $1.25 billion, five-year commitment, which further accelerates work already underway to address racial inequality and catalyze similar efforts across the private sector.
MLK memorial effort in Boston gets $1M from Bank of America
April 26, 2021
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BOSTON (AP) The organization planning a memorial to Dr. Martin Luther King Jr. and Coretta Scott King in Boston is getting a $1 million grant from Bank of America, company officials said Monday.
The grant to King Boston will support the creation of the sculpture memorial, featuring interlocking arms and entitled “The Embrace, on Boston Common. It will also support a new Center for Economic Justice to promote solutions to further racial and economic justice and a public ideas series that engages the community in anti-racist discourse through the arts and humanities, the Charlotte, North Carolina-based bank said in a statement.
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MLK memorial effort in Boston gets $1M from Bank of America washingtontimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtontimes.com Daily Mail and Mail on Sunday newspapers.
Bank of America pledges $1 million to King Boston efforts, the biggest corporate gift so far
Itâs also giving $500,000 to community health centers to speed up vaccination efforts
By Jon Chesto Globe Staff,Updated April 25, 2021, 1 hour ago
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King Boston expects to need about $9 million to pay for The Embrace and the plaza where it will sit, on the Tremont Street side of Boston Common.Rendering Courtesy of King Boston
The fund-raising efforts to honor Martin Luther King Jr. and his wife. Coretta Scott King. in Boston are finally approaching the organizersâ $15 million goal â and a million-dollar gift from Bank of America is helping them get there.