Bank / Credit Union
Bank of America gives $350K grant for veteran mentorship
November 14, 2025
Bank of America gave a $350,000 grant to the American Corporate Partners, which will provide 250 mentorships for veterans and military spouses. The bank did this ahead of America's 250th birthday in 2026, according to a press release.
ACP provides one-on-one mentoring for veterans and military spouses to aid in the transition to civilian life. Bank of America first partnered with ACP in 2018, and is dedicated to veterans, as it plans to hire 10,000 veterans over the next five years.
"America's 250th birthday is a time to honor service, but true honor demands more than words. We must recognize the silent struggle: the incredible talent of our Veterans and Military Spouses is too often diminished by underemployment," Sid E. Goodfriend, founder and chairman of American Corporate Partners, said in the release. "That is why Bank of America's commitment to hundreds of dedicated mentorships is so vital. It's an act of transformation, not charity. This is a promise to dismantle those barriers, equipping our military families with the personalized guidance they deserve, ensuring their next chapter is not one of settling, but of unleashed potential and undeniable professional success."
