Bank of America gifts $700K to hunger relief organizations to address food insecurity

Community FoodBank of N.J., Fulfill, TASK receive funds to provide approximately 1.75M meals

In New Jersey, an estimated 762,530 people are facing hunger, according to Feeding America. As the pandemic continues, hunger relief organizations in New Jersey and across the country are facing ongoing challenges such as increased demand for their services and rising food prices.

To that end, Bank of America announced a $700,000 investment to Community FoodBank of New Jersey, Fulfill and Trenton Area Soup Kitchen to address food insecurity in the region. The investment is expected to provide approximately 1.75 million meals.

Earlier this year, Bank of America announced it would make a $100 donation to local hunger relief organizations and food banks for each employee in New Jersey who received a COVID-19 booster shot or vaccine and notified the bank before the end of January.

The company made an additional contribution to address the increased need experienced by hunger relief organizations across the country. Since the onset of the pandemic, Bank of America has provided $2.29 million in funding to Community FoodBank of New Jersey, Fulfill and TASK in support of local hunger relief efforts.

Alberto Garofalo. (File photo)

“As the pandemic continues to impact our New Jersey communities, food banks and hunger relief organizations are experiencing increased demand and higher costs to meet the needs of individuals and families,” said Alberto Garofalo, president, Bank of America New Jersey. “Our commitment to help strengthen the communities we live in and serve is unwavering, which is why we are investing in the health, safety and well-being of our teammates, while also providing funds to help our longtime nonprofit partners that are tirelessly working to fight food insecurity and ensure each of our neighbors has access to a meal.”

Nationally, the bank has committed $10.6 million dollars to food banks and hunger relief organizations through this effort. Since 2015, Bank of America has donated nearly $150 million toward hunger relief efforts.