Bank of America Client Foundation, Bank of America, N.A., Trustee Awards Family Promise of South Sarasota County with $30,000 Grant for Bridge Housing and Open Doors Programs
The Giving Coast
SRQ DAILY MONDAY BUSINESS EDITION
MONDAY AUG 15, 2022 |
Family Promise of South Sarasota County (FPSSC) is excited to have received a generous $30,000 grant from Bank of America Client Foundation, Bank of America, N.A., Trustee. Bank of America Client Foundation has been a strong supporter of FPSSC since 2017 with annual grants to assist with our programs. All grant funds will be used to provide for services for working families with minor children in South Sarasota County. There is no provision for direct cash payments to guest families. Funding these necessary programs provides client families with housing stability while they work to achieve long-term financial and housing stability. Jennifer Fagenbaum, Executive Director of Family Promise of South Sarasota County stated, “With the help of this grant from Bank of America Client Foundation, Family Promise will be able to offer housing support to children and their families during this very tough time in Sarasota County. Many families are currently spending more than 50% of their income on housing costs per month leaving them living paycheck to paycheck and in a continued stressful state. Family Promise of South Sarasota County offers rental assistance through our Open Doors program for families that have fallen behind in their rent due to a temporary hardship. Through our Bridge Housing program, families are provided housing and meals while they work with a case manager to learn about financial literacy and save money to gain financial independence.”
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