Let us start by saying that we are completely blown away by the tremendous generosity Bank of America has shown with this 6 month long, $1,000,000 campaign. To date, this one million dollar plege is the largest we've seen - by a factor of two!
This campaign doesn't even require you to have a Facebook or Twitter account, which may be refreshing for some users. Instead, for every single message, photo, or video you upload using the link to the right, Bank of America will donate $1, up to $1,000,000. This donation to WWP helps thousands of Wounded Warriors - and their families - as they return home from the current conflicts. Donation options include one-time gifts, the Advance Guard Monthly Giving Program, and more.
How Your Donation is Spent:
Annual Revenue (2011): $74,058,348
Accountability & Transparency
Donor Privacy may be a minor issue
All other criteria and checks have been satisfied
The WWP's mission is simple: To foster the most successful, well-adjusted generation of wounded service members in the nation's history. Since 2003, they've served over 35,000 wounded soldiers and over 4,000 family members, with diverse projects such as:
As you can see to the right, WWP is a respected and trustworthy organization. The only reasons for their overall ranking of 3 stars (out of 4) are their high fundraising costs and some minor concerns about donor privary. At Zadaqa, we believe that the solution to high fundraising costs is to help worthwhile nonprofits like WWP build strong, lasting, and mutually-beneficial partnerships. This way, nonprofits can rely on a steady (and, as the size of this campaign proves, very respectable) stream of donations, instead of costly and labor-intensive fundraising activities. This is where Bank of America comes in.
Over the last 3 years, Bank of America has strengthened their foundation, and now has a record level of capital and liquidity. They've put behind them many of the issues that caused the economic downturn and were obscuring the promise and potential of their company. They've narrowed their focus and renewed their commitment to serving people, companies, and investors.
They've also renewed their commitment to society as a whole. They have a large number of programs benefitting the Arts & Culture, Responsible Business, Economic Development, Environmental Sustainability, and much more. We highly recommend you check out their page entitled "Who We Are."
Founded in 1784, Bank of America predates the U.S. Constitution. They're a large and diverse corporation that has helped shepherd Americans and America through the industrial revolution, the digital age, and more. As a company, their mission is to make the financial lives of their clientele better.
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