Bank of America, Albemarle Corp. commit $20M to economic mobility in Charlotte


Charlotte-based companies Bank of America Corp. (NYSE: BAC) and Albemarle Corp. (NYSE: ALB) are committing $20 million over the next five years to support economic mobility in the Queen City.

Each company has pledged to donate $10 million to 17 nonprofits, which focus on early education, college and career readiness and a stable family life. Recipients range from Read Charlotte and Heart Math Tutoring, to the Charlotte-Mecklenburg Schools and Safe Alliance.

"Everything is directed toward economic…

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