YMCA of Metropolitan Los Angeles
Search documents
BofA Awards $1 Million to Rebuild Pacific Palisades YMCA Destroyed in Wildfires
Prnewswire· 2026-01-09 14:00
Core Insights - The YMCA of Metropolitan Los Angeles is making significant progress in rebuilding its Via de la Paz site and a nearby campus after the devastating wildfires, with support from Bank of America [1][2] - Bank of America has committed $4.5 million in philanthropic contributions for fire recovery, including a recent $1 million grant, and is also providing $10 million in zero-interest capital to support ongoing business and housing needs [4] Group 1: YMCA's Recovery Efforts - The YMCA has mobilized to provide emergency childcare, case management, and trauma-informed care to thousands of residents affected by the wildfires [1] - The organization plans to replace the burned site with two new campuses focused on youth development, mental health services, emergency preparedness, and multigenerational engagement [2] - The Lowe Family YMCA has served the Palisades and Malibu area for over 60 years, emphasizing its role in community support [1] Group 2: Bank of America's Contributions - Bank of America is recognized as the first corporate donor to the YMCA's rebuilding campaign, with a new Community Room at the Palisades Via De La Paz club named in its honor [3] - The bank's contributions include rebuilding its financial centers in Pacific Palisades and Altadena, alongside ongoing support for local nonprofits through employee volunteerism [4] - Bank of America serves nearly 70 million clients in the U.S. and is a global leader in various financial services, enhancing its capacity to support community recovery efforts [6]