Bank of America Connects Long Island Teen Leaders with Summer Internships at Local Nonprofits

John Mitty Wednesday, July 23, 2014

Melville, NY - July 23, 2014 - The Bank of America Charitable Foundation today announced that five Long Island high school students have been selected to take part in the 2014 Student Leaders program, which annually awards more than 220 high school juniors and seniors from around the country with paid eight-week summer internships at local nonprofit organizations. Since 2004, more than 2,000 teens have been recognized as Student Leaders.

Despite gains in the overall job market, teens still have the highest unemployment rate at 21 percent. Research indicates that teens who are gainfully employed have lower drop-out rates, are more likely to continue their education to pursue long-term career goals and ultimately show an increase in lifetime earning potential.

“Long Island summers are the perfect time for community engagement and extracurricular leadership opportunities,” said Bob Isaksen, Long Island president, Bank of America. “The Student Leaders Program provides invaluable experience in real life work and service environments, while also supporting local nonprofits and their critical services.”

Participating local students are:

• Colleen Flynn, a Commack resident and rising senior at Commack High School, interning at Girl Scouts of Suffolk County.
• Raemie Ladner, a Rockville Centre resident and rising senior at South Side High School, interning at EAC Network.
• Iman Lee, a Huntington Station resident and recent graduate of Harborfields High School, interning at Family Service League.
• Jamie Morgenstern, a Lido Beach resident and recent graduate of Long Beach Senior High School, interning at EAC Network.
• Tanisha Verneus, a Valley Stream resident and recent graduate of Valley Stream Central High School, interning at EAC Network.

In addition to the paid internships, the students attend a weeklong Bank of America Student Leadership Summit in Washington, D.C., in July. Summit activities include a service learning project and a series of interactive workshops, including Capitol Hill briefings, sessions on financial education and leadership development skills, as well as panel discussions focused on global health and the issues of housing, hunger and jobs. Students are also provided financial tools and resources to help them acquire better money habits, including a session at the summit led by LIFT, a national nonprofit focused on financial literacy.

Bank of America Corporate Social Responsibility
Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at bankofamerica.com/about and follow us on Twitter at @BofA_Community.

jmitty@longislandyellowpages.com

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