Funding & Development
Wake Tech Welcomes Expanded Support from Bank of America
RALEIGH, N.C. (November 20, 2012) - The Bank of America Charitable Foundation has announced a $20,000 contribution to “The Ripple Effect,” Wake Tech’s major gifts campaign. The funds will expand BOA’s already-generous support for students transitioning out of GED and Adult High School programs to include graduates of ESL (English as a Second Language) and high-level graduates of Adult Basic Education programs. The financial support helps students who want to continue their education with additional coursework or pursue a certificate in a trade or life skills program.
“We are extremely grateful for this generous commitment by the Bank of America Charitable Foundation,” says Wake Tech President Dr. Stephen Scott. “It allows Wake Tech to assist a greater number of graduates from College & Career Readiness programs who want to keep learning and improve their employability. Their successes have an impact on the entire community.”
“Bank of America recognizes that jobs and education play a critical role in advancing economic development, and we continue to look for ways to support innovative programs that help unemployed, underemployed, veterans, youth, and those with disabilities connect with employment success,” said Kari Stoltz, Bank of America Triangle Market President. “The bank’s investment in Wake Tech is just one of the ways we are supporting education and workforce development organizations in our community and improving local economies across the country.”
Bank of America and the Bank of America Charitable Foundation have been avid supporters of Wake Tech since 1992, having contributed nearly $90,000 to the Wake Tech Foundation. That generosity includes a $30,000 gift to the GED/AHS programs last year.
The Ripple Effect is a response to record-breaking enrollment at Wake Tech and increased demand for the many training programs and educational options the college offers. The campaign supports scholarships and mentoring initiatives for students, faculty and staff innovation, and technology to provide the most up-to-date training. Investors may make gifts in the form of cash, securities, personal property, and planned gifts of many types.
