Bank of America Funds Two Richmond Nonprofits

Cristo Rey Richmond High School and CARITAS each receive a $200,000 multi-year grant plus leadership training.

Updated on Nov. 6, 2026 in Remote Work

Photograph of a plain red-brick urban building facade with tall windows and a concrete entry stair under soft overcast daylight, evoking community education in Richmond. — Bank of America awarded $200,000 multi-year grants to Cristo Rey Richmond High School and CARITAS, plus leadership training for each nonprofit's leaders. AI Illustration. Upload story photo >

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Bank of America named Cristo Rey Richmond High School and CARITAS 2026 Richmond Neighborhood Builders, awarding each nonprofit a $200,000 multi-year grant. Each organization also received leadership training for its executive director and an emerging leader.

Why it matters

The grants combine $400,000 in funding with workforce-focused programs that connect students and job seekers in Richmond to employers. The recognition highlights local efforts to build skills and career pathways for young people and adults.

Each nonprofit receives $200,000 in multi-year funding, totaling $400,000 combined. Cristo Rey's Corporate Work Study Program enrolls 205 students who spend one day a week in workplaces hosted by more than 50 employers.

The players

Bank of America

Bank of America is a major American multinational bank headquartered in Charlotte, North Carolina, that runs a corporate philanthropy and neighborhood-builders program.

Hari Gopalkrishnan

Hari Gopalkrishnan is Bank of America's chief technology and information officer who led the mentoring session with Cristo Rey students.

Cristo Rey Richmond High School

Cristo Rey Richmond High School is a Catholic college-preparatory school in Richmond that uses a corporate work-study model to fund tuition.

CARITAS

CARITAS is a Richmond nonprofit that runs CARITAS Works, a six-week workforce development program.

The details

Bank of America chief technology and information officer Hari Gopalkrishnan visited Cristo Rey Richmond High School on Tuesday for a roundtable and one-on-one mentoring with STEM students. The company recognized both nonprofits at a ceremonial check presentation at VPM, with Cristo Rey directing its grant to operating costs and CARITAS directing its grant to CARITAS Works.

Tuesday: Gopalkrishnan visits Cristo Rey Richmond High School for roundtable and mentoring.
2026: Bank of America names the Richmond Neighborhood Builders.

Roadmap

Cristo Rey schools pair classroom instruction with paid corporate work-study so students finance tuition through real jobs. Bank of America's grant to the Richmond campus extends that model into a corporate-funded partnership in the city.

Richmond students and job seekers may gain access to paid workplace experience and short workforce training through these two programs. Families considering Cristo Rey tuition benefit from the corporate work-study model that helps cover costs.

The takeaway

Corporate partnerships can turn workplace exposure into a practical path for students and job seekers. Readers interested in similar programs can check whether local schools and nonprofits offer work-study or short-term training options.