The Richmond-based RYSE Center has been awarded a $200,000 grant after being one of two nonprofit recipients of a Bank of America Neighborhood Builders award program.
The RYSE Center was selected for the award for its ongoing efforts in creating workforce opportunities for East Bay youth from economically disadvantaged backgrounds.
The Neighborhood Builders funding will be used to increase resources and staff training at RYSE “to expand its Leadership Pipeline that provides educational, employment and career development opportunities, with a focus on business-related skills and management cohort for more than 100 teens and young adults,” officials said.
Also awarded was Swords to Plowshares for its work in helping to end Bay Area veteran homelessness.
The Bank of America Neighborhood Builders is the largest corporate philanthropic investment in nonprofit leadership in the country, with $249 million invested in 29 communities over the past 15 years.
“Through strategic philanthropic investments like Neighborhood Builders, Swords to Plowshares and RYSE Center have the power to grow strategically and sustainably as demand for their important services increase despite today’s strong economy,” said Gioia McCarthy, San Francisco-East Bay market president, Bank of America. “We continue to see impact through the program as previous Neighborhood Builders’ organizations and leaders endure in maintaining a significant role in addressing local needs.”
This announcement was the latest good news for the RYSE Center, which recently broke ground on an expansion of its center at 41st Street and Macdonald Avenue.