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Sunday, January 17, 2021

Bank of America invests $200,000 in SafeHaven of Tarrant County

SafeHaven of Tarrant County is being recognized for its work as the only emergency shelter for domestic violence victims in Tarrant County. Bank of America has announced the nonprofit as a 2017 Neighborhood Builders recipient.

Thanks to the bank’s work with Neighborhood Builders, Bank of America is able to provide nonprofits with a combination of leadership development, $200,000 in flexible funding, a network of peer organizations across the U.S. and the opportunity to access capital in order to expand their market impact.

“Our community nonprofits like SafeHaven are vital to addressing critical needs and stabilizing the lives of victims of domestic violence and their families,” said Mike Pavell, Bank of America Fort Worth Market President, in a news release.

“Neighborhood Builders is one way Bank of America deploys capital in the communities we serve to build cross-sector partnerships that advance economic and social progress, as part of our approach to responsible growth,” Pavell said.

SafeHaven of Tarrant County provides shelter to domestic abuse victims and their families who need to escape their situations but don’t have the resources to locate shelter. While seeking shelter, victims are able to gain the tools, such as self-sufficiency, needed to live independently of the abusive relationship.

“It is a great honor to be chosen by Bank of America as one of its two Neighborhood Builders recipients in North Texas,” said SafeHaven of Tarrant County President and CEO Kathryn Jacob, in a news release.

“As a result of our partnership, we will be able to train emerging leadership and provide them with tools needed for growth, while using funds to evolve the way we do business through an increased focus on trauma-informed care,” Jacob said.

Since 2004, Bank of America (with Neighborhood Builders) has partnered with 40 nonprofits in North Texas, awarding $9 million in grants to helping them benefit the community.

The awardees are chosen by a local market selection committee with representation by local community leaders from diverse sectors.

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