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.