Piedmont Virginia Community College Receives $400,000 Grant from Bank of America
Charlottesville, Va. – May 12, 2022 – Piedmont Virginia Community College (PVCC) has received a $400,000 grant from Bank of America, the largest corporate donation made to date to the institution’s historic Pathways Campaign. The grant will span a three-year period and support construction of the Woodrow W. Bolick Advanced Technology and Student Success Center, as well as the expansion of Network2Work@PVCC, an innovative and award winning anti-poverty initiative created to support economic mobility for all individuals in the community.
“We are honored to partner with PVCC as they build their advanced technology and student success center and seek to expand the Network2Work@PVCC program. Partnering with institutions that support economic progress through jobs, training and commerce is one way we support long-term sustainable growth in our community,” shared Bank of America Charlottesville President Carolyn Rainey.
The Pathways Campaign is the largest and most ambitious fundraising campaign in the history of PVCC. The campaign, which has received over $13.5 million in gifts and commitments, is anchored on three priorities:
- Creating state-of-the-art facilities to promote access to programs, program quality and student success.
- Expanding workforce development programs to raise the skill levels and increase job prospects for individuals in the community and help lead them to financial security.
- Increasing student access and success to ensure education is within reach for all students and provide the support needed to help them achieve their goals.
“We are grateful for this incredible gift! PVCC shares Bank of America’s goal to create economic mobility for all individuals and families in our community, and we believe the Pathways Campaign is an opportunity to make a sound investment toward achieving this important goal,” said PVCC President Frank Friedman.
Construction on the Bolick Center is expected to begin in early summer. The new 45,000 square foot building will include facilities for rapidly growing technology programs aligned with high-demand occupations. Blended with a comprehensive one-stop center for student services, the new space will become the heart of the campus and will transform the way PVCC provides programs and services to students.
Network2Work@PVCC provides wealth-building opportunities for about 400 no- and low-income community members each year. Since inception, the program has operated solely from grants and private donations. Funding from Bank of America will support the College’s goal of lifting 4,000 families out of poverty over the next five years by connecting jobseekers to career-ladder jobs that pay at least $30,000 per year and do not require a college degree.
For more information about the Pathways Campaign, contact Vice President of Institutional Advancement and Development Harry Stillerman at 434.961.5203 or email@example.com.
About 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. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
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About Piedmont Virginia Community College
Established in 1972, Piedmont Virginia Community College is a nonresidential two-year institution of higher education that serves Central Virginia – principally, residents of the City of Charlottesville and the counties of Albemarle, Buckingham, Fluvanna, Greene, Louisa, and Nelson. PVCC is one of 23 community colleges in Virginia that comprise the Virginia Community College System. PVCC is committed to providing access to a college education for all who can benefit, an opportunity for each student to reach her/his potential and excellence in all programs and services. Visit www.pvcc.edu.
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Photo Courtesy of Piedmont Virginia Community College
Pictured, left to right: Carolyn Rainey – President Bank of America Charlottesville, Dan Sheehan – Vice President, Wealth Management Advisor, Merrill Lynch, Darrick Hester – Sr. Vice President, Process Design Consultant/Associate Development Champion, Nelson Ham – Senior Vice President, Senior Financial Advisor, Merrill Lynch, Stephanie Lyman – Senior Vice President, Private Client Advisor, Jeff Austinson – Vice President. Preferred Banking Market Leader and Harry Stillerman – PVCC Vice President, Institutional Advancement and Development