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SR 159 - NationsBank/BankAmerica - commend

Burton, Joe (5th)	Ladd, Bart (41st)	Williams, Tommie A. (6th)

Status Summary	SC:		HC:		FR:	02/17/99	LA:	02/17/99	S - Passed/Adopted

First Reader Summary

A resolution commending NationsBank/BankAmerica on their generous charitable giving.

SR 159                                             LC 24 1392 
 
 
 
 
 
 
                             A RESOLUTION 
 
  1- 1  Commending NationsBank/BankAmerica on their generous 
  1- 2  charitable giving; and for other purposes. 
 
  1- 3  WHEREAS, NationsBank having merged with BankAmerica provides 
  1- 4  more money in charitable contributions than any other bank 
  1- 5  in the United States.  In 1999, the merged company will make 
  1- 6  charitable contributions of approximately $100 million 
  1- 7  nationwide; and 
 
  1- 8  WHEREAS, BankAmerica Foundation announced a $40 million 
  1- 9  grant to United Way of America to continue the foundation's 
  1-10  support of Success By 6 throughout the bank's franchise. 
  1-11  Coupled with a $10 million grant announced last year, the 
  1-12  foundation's support of this initiative comes to $50 
  1-13  million, the largest commitment the foundation has ever made 
  1-14  and one of the largest corporate grants in history; and 
 
  1-15  WHEREAS, this investment in early childhood development will 
  1-16  ensure a brighter future for children, families, and the 
  1-17  nation; and 
 
  1-18  WHEREAS, this grant will provide funding for local United 
  1-19  Ways throughout the company's franchise, including 21 states 
  1-20  and the District of Columbia, to develop or enhance Success 
  1-21  By 6 initiatives.  Currently, more than 300 local United 
  1-22  Ways are engaged in the Success By 6 model across the 
  1-23  country; and 
 
  1-24  WHEREAS, by improving the development of our nation's 
  1-25  children through Success By 6, a high priority is placed on 
  1-26  meeting the needs of children when they are very young; and 
 
  1-27  WHEREAS, this is a phenomenal example of how corporate 
  1-28  America partners with local communities to make a positive 
  1-29  impact.  BankAmerica is doing more than donating dollars. 
  1-30  They are investing in the communities where they do business 
  1-31  and, more importantly, they are investing in the children 
  1-32  and families of those communities; and 
 
  1-33  WHEREAS, BankAmerica is one of the top three corporate 
  1-34  contributors to the United Way.  Last year, combined 
  1-35  associate and corporate pledges totaled more than $33 
 
 
 
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  2- 1  million, which benefits local United Ways in the bank's 
  2- 2  franchise. 
 
  2- 3  NOW, THEREFORE, BE IT RESOLVED BY THE SENATE that the 
  2- 4  members of this body commend NationsBank/BankAmerica for 
  2- 5  their commitment to the development of our children and 
  2- 6  their generosity to the communities they serve in Georgia. 
 
  2- 7  BE IT FURTHER RESOLVED that the Secretary of the Senate is 
  2- 8  authorized and directed to transmit an appropriate copy of 
  2- 9  this resolution to the president of NationsBank/BankAmerica. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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