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Newport Beach

Volume 5, Issue 95  |  November 27, 2020

SPIN receives $200,000 grant from B of A

Serving People in Need (SPIN) has been named as a 2020 Bank of America Neighborhood Builders® awardee. The nonprofit was selected for its work in the Orange County community to address issues fundamental to economic mobility, specifically food insecurity and homelessness. 

As an awardee, the organization receives a $200,000 grant, a year of leadership development for the executive director and an emerging leader, a network of peer organizations across the U.S. and the opportunity to access capital to expand their impact. 

“As we consider many of the challenges that our community is facing – from the health and humanitarian crisis brought on by the coronavirus pandemic – the Neighborhood Builders program is a relevant and timely initiative to support the communities we serve,” said Allen Staff, Orange County market president for Bank of America. “Basic needs must be met to achieve economic mobility. This program enables partners Serving People in Need to plan strategically for growth and long-term sustainability, and we look forward to seeing how this investment helps these nonprofits make even greater strides to address food insecurity and homelessness.”

SPIN receives B of A grant

Click on photo for a larger image

Photo by Ann Chatillon

(L-R) SPIN Executive Director Jean Wegener and Director of Marketing and Events Kim Frazier proudly display grant check from B of A

With a 98 percent efficacy rate in keeping the people they serve in their homes, SPIN will enhance its ability to support the growing need for Guided Assistance to Permanent Placement services including providing housing assistance, financial resources and support services to families who have been affected by the coronavirus pandemic. SPIN has seen a 120 percent increase in requests for rental assistance and a 40 percent increase in requests for move-in costs for housing from homeless families with children. Funds will be used to help these families secure or maintain housing, assist with ongoing rent and utilities, and connect them with community resources to help them continue to maintain housing stability.

“SPIN is honored and so very pleased to have been selected as a recipient of the Bank of America 2020 Neighborhood Builders Award,” said Jean Wegener, SPIN CEO. “SPIN will be able to assist more families impacted by COVID-19 who are facing numerous challenges – maintaining housing, finding new employment and childcare – through diversion, prevention, rental assistance and housing. We look forward to strengthening our leadership skills within our organization.”

The Neighborhood Builders program is an opportunity to provide relevant skills development and topics to help nonprofit leaders address current and future community challenges. Each year, Bank of America refines the Neighborhood Builders Leadership Program to include topics ranging from strategic storytelling to human capital management, and highlights themes that are critical to moving the nonprofit sector forward within a broader societal and economic context. 

Since 2004, Bank of America has invested more than $260 million in 50 communities through Neighborhood Builders, partnering with more than 1,300 nonprofits and helping more than 2,600 nonprofit leaders strengthen their leadership skills. In the past 15 years, through its Neighborhood Builders program, Bank of America has partnered with 25 nonprofits in Orange County, investing $5 million to advance economic mobility for Orange County residents, from workforce development to basic needs, to wraparound services and housing within the Orange County area.

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