Tomorrow, August 7th, Bank of America is going to announce a $50,000 gift to Habitat for Humanity Philadelphia.
Habitat for Humanity is a wonderful organization and it is wonderful to see them receiving such a gift.
It is grand that Bank of America is giving them the money.
One other infobit: "Pay rises 70% to $12 million for Bank of America CEO Moynihan," by Andrew Dunn and Deon Roberts, Charlotte Observer, March 28, 2013 tells us:
Bank of America CEO Brian Moynihan was awarded $12 million in base salary, stock awards and other compensation for his 2012 performance, the Charlotte bank disclosed Thursday. It was a 70 percent jump from what Moynihan was awarded the year before.
In 2011, Moynihan was awarded $7 million in total compensation, down from $10 million in 2010.To be fair, Bank of America Corporate Social Responsibility outlined their many philanthropic endeavors across the US and around the world. They are doing some interesting things. Their work in renewable energy is especially intriguing. You can read more in their 2012 report.