“We’re grateful for the extraordinary corporate citizenship of Bank of America at this crucial time. Across the Brigham, we responded to this crisis in innovative ways, and their incredible philanthropy is making a significant difference as we develop new solutions to address COVID-19 and help our fellow citizens.”
—BETSY NABEL, MD
A $2 million gift from Bank of America to Brigham and Women’s Hospital began as a promise to Brigham President Betsy Nabel, MD. Made in December 2019, the contribution was designed to give the hospital the flexibility to fuel a variety of pressing needs.
In the coming months, as the COVID-19 pandemic bore down on the United States, Bank of America wanted to fulfill its promise to the Brigham in a new way. When the hospital launched the COVID-19 Response Fund in March, the bank re-dedicated its $2 million gift to help the institution address the crisis head-on.
“The Brigham has risen as a leader in addressing critical health concerns brought on by the coronavirus,” says Anne Finucane, vice chairman at Bank of America and a trustee of the hospital. “We are proud to stand with the courageous medical staff who are providing such care and support to the many individuals and families who have been impacted.”
Since the COVID-19 virus surfaced in Boston, the Brigham has been at the forefront of local efforts to address the immense challenge. The Brigham worked to build testing and treatment capabilities, provide temporary housing and childcare coverage for employees, and support the most vulnerable members of the community with access to testing, multilingual clinicians, food, and medicine.
“We’re grateful for the extraordinary corporate citizenship of Bank of America at this crucial time,” Nabel says. “Across the Brigham, we responded to this crisis in innovative ways, and their incredible philanthropy is making a significant difference as we develop new solutions to address COVID-19 and help our fellow citizens. Tackling this virus has been our top priority and has required additional staff and resources, even as we continue to care for all our patients and families.”
The $2 million grant to the Brigham is one example of Bank of America’s broader support of needs related to the coronavirus. Bank of America made a $100 million philanthropic commitment to address health and humanitarian needs brought on by the coronavirus in addition to the $250 million in philanthropy the bank provides each year.