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For Immediate Release
Contact:
TNDC
Denise Lamott
(415) 897-5089
Bank of America
Whitney MacDonald
415) 249-6779
Tenderloin Neighborhood Development Corporation
to Receive $200,000 from Bank of America Charitable Foundation
For Community Building Efforts
Fourth Annual Neighborhood Excellence Initiative™ Awards
to be Announced at San Francisco and East Bay Events
TNDC is one of two local non-profit organizations that will be named Neighborhood Builders™ for their commitment to improving their communities, and will each receive $200,000 in unrestricted funding. In addition, the bank provides an innovative leadership development program.
Also as part of the Bank of America NEI events, five Local Heroes™ will be recognized for their commitment to San Francisco and will be awarded a grant of $5,000, to be directed to an eligible non-profit of their choice.
Five Student Leaders™ will also be recognized at the events. Each has recently completed a paid eight-week summer internship with a community-based organization, courtesy of Bank of America.
WHO: TNDC Executive Director Don Falk will be in attendance at the event to accept the award, as well as members of the San Francisco Local Market Selection Committee (which chose the recipients) and other notable members of the community, including Steve Silvestri, San Francisco and East Bay Market President, Bank of America.
WHEN: Tuesday, November 6, 2007 at 6:00 p.m.
WHERE: Chairman’s Boardroom
555 California Street, 51st Floor
San Francisco, CA 94104
About TNDC
Founded in 1981, Tenderloin Neighborhood Development Corporation’s mission is to provide safe, affordable housing with support services for low-income people in the Tenderloin community and be a leader in making the neighborhood a better place to live. TNDC now owns and manages 25 buildings that provide homes for 2,500 extremely low-income seniors, families, people with disabilities, low-income wage earners, immigrants and others in the Tenderloin and nearby neighborhoods. In addition, TNDC provides on-site supportive services and resources such as social workers and after-school programs to help residents stabilize their lives and develop a sense of community.
The Bank of America Neighborhood Excellence Initiative was created to recognize, nurture and reward organizations, local heroes and student leaders helping to rebuild and revitalize their communities. Now in its fourth year, the Bank of America Charitable Foundation has committed nearly $70 million to the program, which operates in 44 of the bank’s major markets across the United States, as well as London, England.