Bank of America Provides an Added $500,000 to IAAM

Well, it seems the Bank of America is doing a lot to provide financial aid to all over America. Recently Bank of America showed a lot of generosity as they donated around 6 billion dollars to about 65 nonprofit organizations including one of the famous organizations known as HAVEN.

The purpose of Donating that big amount was actually to provide aid to people who are suffering from financial crises due to pandemics. And now another big News has recently reported that Bank of America has doubled the Support to International African American Museum.

Recently, the International African American Museum has announced that they have received a new gift from the Bank of America. This new gift has brought its total investment to the museum over $ 1,000,000. This latest donation builds on the 2018 $ 500,000 donation to a major museum campaign.

Where Will the New Additional Amount Be Used by the Internationale African American Museum?

An additional $ 500,000 grant will be used to support the development of the museum program, curriculum, and applications, as well as to continue the recruitment and recruitment of a museum leadership team that will oversee and advance the campaign to tell non-American American stories. an audience trip across the country.

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 Dr. Tonya M. Matthews, the museum’s CEO, showed a lot of gratitude over the increase in support from the Bank of America. According to her, it will increase the efficiency of the services that are being provided at the International African American Museum. In her own words:

“This second major gift from Bank of America underscores the company’s commitment to our mission and to work that moves the dial on equity and racial justice” 

She further added that:

“We are grateful and proud to be in partnership with such an esteemed organization.”

Bank of America

Importance of the International African American Museum

The main goal for the International African American Museum, which will be opening in late 2022, is to honor the unspoken stories of an African American tour of one of the most sacred sites in our country.

The museum will talk about the often-overlooked history of the African American people in the Lowcountry of South Carolina and share the implications for the African people and their descendants that they have had in our nation and around the world.

The African Ancestors’ Museum and Garden have decided to honor the land of the enslaved Africans and the thousands of people who died.

While one of the main and the most important aspects is its Family History Center will provide state-of-the-art genetic research tools for visitors that will allow them to connect with their forefathers.

Planning will include comprehensive lifelong learning programs as well as changing exhibitions and special events to be presented throughout the year.

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The Main Reason Behind Increasing the Support for the International African American Museum

Well according to the news it was reported that the increase in the financial support from the Bank of America was to increase the development at the International African American Museum.

The International African American Museum is located in one of the most historic sites in American history, the former Gadsden’s Wharf, a landmark for almost half of all African slaves. A trip to Charleston and the impact beyond will be explored with full exhibitions and educational programs; a prominent institution of genetic research; and an African ancestor memorial garden.

 Mark Munn, president of the Bank of America Charleston-Hilton Head believes that Doubling the support by the Bank of America for the International African American Museum is their plan to promote racial equality and create economic opportunities for people and communities of color.

In her own words while giving the interview to the media:

“Bank of America’s doubling of support for the International African American Museum is part of our ongoing commitment to advance racial equality and create economic opportunity for people and communities of color”

Hilton further added that:

 “This direct investment will further the mission of the museum and our shared goals of supporting conversations and actions that can advance economic and social progress.”

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What Future Awaits for the International African American Museum?

 According to the news, we have observed that IAAm has been entertaining its audience virtually for the past two years. It has been reported that in late 2022 they will be opening its museum building project.

Joseph P. Riley, Jr., former Charleston mayor and lifetime board member of the International African American Museum showed a lot of gratitude over the financial support as she stated that:

We are so grateful for Bank of America’s tremendous support and leadership, which has helped the museum reach major milestones. During critical and early stages in the creation of the museum, Bank of America has been there.”

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