Charlotte, NC

Bank of America Supports the Smithsonian Race Initiative

The Hornet's Nest

CHARLOTTE, NC - Bank of America, Charlotte based private bank, provides a five-year $1.25 billion commitment to support the Smithsonian race initiative “Our Shared Future: Reckoning with Our Racial Past,”.

CEO of Bank of America and museum council member for the National Museum of African American History and Culture, Brian Moynihan said that the Bank acknowledges the importance of productive discussions about race and racism in American history and the present moment.

“We are proud to partner with the Smithsonian in this effort, and we strongly support conversations and actions that can advance economic and social progress. Now is the time to act and its incumbent on all of us to do more.” added Moynihan.

The Smithsonian program will delve into the way racism is understood, experienced, and confronted by Americans through panel discussions, presentations, and Smithsonian experts' conversations with community and industry leaders.

On August 26, the initiative will begin with a virtual national forum that can be watched online by the public for free. The forum will discuss topics about race, wealth, and wellness, delve into the underlying causes of inequality in America, and how COVID-19 has unmasked the racial disparities. Discussions on the history and impact of race science, and the relationship between race, wealth, and access to health care, the aftermath of racism on mental health and trauma the role local organizations play in building a better future, will follow in the forum's sessions.

The forum will be followed by regional events held around the country throughout 2021-2022.

Visit to learn more about the initiative and to watch the national forum.

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