{"id":162200,"date":"2026-02-12T21:58:23","date_gmt":"2026-02-12T21:58:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/162200\/"},"modified":"2026-02-12T21:58:23","modified_gmt":"2026-02-12T21:58:23","slug":"center-for-transforming-lives-is-named-bank-of-america-fort-worth-2025-neighborhood-builder","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/162200\/","title":{"rendered":"Center for Transforming Lives is Named Bank of America Fort Worth 2025 Neighborhood Builder"},"content":{"rendered":"

Multiyear Grant & Leadership Training will Expand Critical Services to Reduce Poverty<\/p>\n

Fort Worth, Texas\u00a0\u2013 Bank of America Fort Worth has named\u00a0Center for Transforming Lives\u00a0a\u00a0Neighborhood Builder\u00ae<\/a>\u00a0for its critical work in breaking cycles of poverty for women and children in Tarrant County. This is the second time in a decade that Center for Transforming Lives has been selected to receive this prestigious grant award. Bank of America\u2019s signature Neighborhood Builders program continues to be one of the nation\u2019s largest philanthropic investments into nonprofit leadership development, while providing unique multiyear flexible grant funding annually to high-impact nonprofits in communities nationwide.<\/p>\n

\u201cBank of America\u2019s investment provides vital support for our work, breaking the generational cycle of poverty for women and their children in Tarrant County,\u201d said Carol Klocek, CEO for Center for Transforming Lives. \u201cThis grant strategically supports the launch and operations of Riverside Coworking \u2013 an innovative new approach to help low-income women build income, increase financial stability and access wraparound supports. Thanks to Bank of America\u2019s support, we can position Riverside Coworking, and the entrepreneurs we serve, for success today and well into the future.\u201d<\/p>\n

As a Neighborhood Builder,\u00a0Center for Transforming Lives is awarded a $200,000 grant over two years, leadership training for the executive director and an emerging leader, and the opportunity to connect with nonprofits in a peer network.\u00a0<\/p>\n

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\u201cAt Bank of America, we believe that when women thrive, families, communities, and economies thrive. The Neighborhood Builder program invests in nonprofits tackling communities\u2019 most complex challenges, and Center for Transforming Lives is doing just that\u00a0<\/a>\u2013\u00a0empowering women entrepreneurs in Tarrant County by providing them with the essential resources, childcare, and financial tools needed to build successful small businesses,\u201d said Mike Pavell, president, Bank of America Fort Worth. \u201cCoupled with a robust leadership training, this program is more than a grant; it\u2019s a strategic investment in the long-term financial stability and vitality of the entire Fort Worth community, positioning families and the local economy for sustained success.\u201d<\/p>\n

Riverside Coworking<\/a>\u00a0is\u00a0a unique small business incubator, housed in the non-profit\u2019s new Riverside Campus, that pairs commonly needed business resources (coworking, commercial kitchen, A\/V studios, Makerspace) along with free drop-in childcare, workshops and other opportunities to empower women and families to thrive economically.<\/p>\n

About Center for Transforming Lives<\/p>\n

Center for Transforming Lives partners with single mothers and their children so they can thrive. Founded in 1907, Center for Transforming Lives is one of Tarrant County\u2019s biggest family safety nets, working to disrupt cycles of poverty and homelessness among the most vulnerable in our community. The non-profit meets the needs of more than 3,000 women and children annually, through a comprehensive and evidence-based, two-generation and trauma-informed model. Thanks to housing support, early childhood education, economic mobility services and counseling services that work across generations, parents and children establish security and well-being as a family. Led by CEO Carol Klocek since 2009, the $24 million non-profit opened its new Riverside Campus headquarters in May.<\/p>\n

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About Bank of America\u2019s Neighborhood Builders Program<\/a><\/p>\n

Neighborhood Builders is part of Bank of America\u2019s longstanding efforts to build thriving communities by addressing issues fundamental to economic opportunity. In Fort Worth,\u00a029\u00a0nonprofits have been selected as Neighborhood Builders, with the bank investing more than $6\u00a0million in philanthropic capital into these nonprofits. Since 2004, Bank of America\u2019s Neighborhood Builders program has invested more than $346 million in communities across the U.S. and trained more than 4,000 leaders at nearly 2,000 U.S. nonprofits.<\/p>\n

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