Bank of America Supports After School Matters with $1 Million Grant
In a commendable move aimed at empowering the youth of Chicago, Bank of America has announced a generous donation of $1 million to After School Matters (ASM) for the establishment of the Orleans Teen Center. This state-of-the-art facility, located in the Cabrini neighborhood, is designed to provide engaging programs that focus on creative, career-oriented opportunities for local teens. This grant propels ASM closer to its ambitious goal of raising $27 million for its development initiatives.
The Orleans Teen Center, which officially opened its doors in November, is set to serve around 1,500 young individuals annually. It will offer a variety of programs that encompass learning, enrichment, and career development, catering to teens’ diverse interests. The center features a modern, three-story design that includes vibrant studios, a theater, a gymnasium, and dedicated STEM labs, as well as common spaces for collaboration and creativity. This enriched environment aims to inspire teens to explore their passions, whether in the arts, technology, or trades, while fostering leadership skills.
One highlight of the center is the Bank of America Teen Lounge, positioned prominently at the entryway. This welcoming space symbolizes Bank of America’s long-standing commitment to supporting youth in Chicago and enhancing career pathways that fortify communities. Rita Cook, president of Bank of America Chicago, emphasized the critical role ASM plays in providing a secure and supportive environment for young individuals in the area. She stated, "After School Matters gives young people a safe, supportive space to explore their interests, build skills in the arts, leadership, and STEM, and earn stipends that prepare them for their futures."
Bank of America’s partnership with ASM has spanned over two decades, totaling more than $3.7 million in funding. In recognition of ASM’s dedication to uplifting the youth in the Chicago area, the organization was designated a Bank of America Neighborhood Builder in 2024. This accolade includes a $200,000 flexible funding opportunity and extensive leadership development support. The bank has also consistently backed ASM’s paid summer internships, promoting job readiness for hundreds of Chicagoans.
Mary Ellen Caron, the CEO of After School Matters, expressed her gratitude for Bank of America’s partnership. "We are so proud of our long-standing relationship with Bank of America. This new Teen Center is about opening doors—especially for teens who all too often encounter barriers to opportunity. The $1 million grant ensures that more young people will have a safe place to develop skills for college, careers, and life," she stated.
After School Matters has played a pivotal role in the lives of Chicago teens over the last three decades. With its project-based programs led by skilled industry professionals, ASM not only nurtures independence and personal growth but also offers teens the chance to earn stipends for their participation across various fields, including arts, communication, leadership, sports, and STEM disciplines. The organization has positively impacted over 450,000 students, and the Orleans Teen Center is poised to further expand these opportunities.
For those interested in learning more about the After School Matters Orleans Teen Center, additional information can be found at
After School Matters' official website. This initiative represents a significant step toward equipping Chicago’s youth with the skills and support they need to thrive in an increasingly competitive world.
Bank of America continues to rise as a leading global financial institution, providing a comprehensive range of services to individual consumers, businesses, and corporations. From innovative banking solutions to wealth management, the company's commitment to supporting community development remains steadfast. As the bank looks to the future, initiatives like the Orleans Teen Center showcase its dedication to uplifting communities and investing in the next generation.
With numerous retail centers and ATMs across the U.S., alongside robust digital banking services, Bank of America aims to provide unparalleled convenience to nearly 70 million clientele while actively engaging in corporate social responsibility and community investment efforts.