Bank of America Issues"Hits for Hunger" Challenge to MLB All-Stars

July 14, 2009

When Major League Baseball All-Stars step to the plate during the 80th Midsummer Classic they will have an added incentive to produce hits. In response to the growing need for emergency food assistance nationwide, the Bank of America Charitable Foundation will donate $5,000 for every recorded hit in the MLB All-Star Game to Feeding America, the nation's largest domestic hunger-relief organization.

In addition, Bank of America's"Hits for Hunger" program allows MLB fans to get involved and help address the dramatically increasing number of hungry Americans. Fans can log on to www.feedingamerica.org and make their own contribution to help provide food and groceries to the hungry families throughout the United States. The Bank of America Charitable Foundation will make the $5,000 per hit contributions and match the total on-line donations made to Feeding America during the July 14th MLB All-Star Game, up to a maximum contribution of $100,000. Funds generated through"Hits for Hunger" will directly benefit the St. Louis Area Foodbank. The 2009 Major League Baseball All-Star Game is focused on supporting charitable initiatives and celebrating community service.

"Bank of America's support could not come at a better time," said Frank Finnegan, Executive Director, St. Louis Area Foodbank."Over the past year, we've seen a dramatic increase in the need for food from the agencies we support. Whether it's the people who have sought assistance before or the many new faces needing aid, we're going to need help sustaining our efforts to get food on the table over the long haul."

Bank of America's"Hits for Hunger" program builds upon the Bank of America Charitable Foundation's previously announced $1 million donation to Feeding America. According to a recent survey released by Feeding America, demand at Feeding America's food banks increased an average of 30 percent last year, with many food banks reporting even higher increases. The survey also found that people are eating less food, smaller meals and even skipping meals because they simply are without funds to buy food. A large portion of the bank's grant was distributed to food banks that provide food and groceries to hundreds of food pantries, soup kitchens, Kids Cafes, senior meal programs and other emergency feeding programs throughout the nation.

"We are grateful that Bank of America has chosen to utilize its sponsorship of the MLB All-Star Game to not only raise awareness about this growing national crisis, but also provide opportunities for Americans to get involved and make a difference," said Vicki Eascarra, President, Feeding America."Bank of America continues to recognize the tremendous strain many Americans face as a result of this economic downturn and their ongoing support is greatly appreciated."

Bank of America is a longstanding supporter of food banks across the country. In 2008, the bank donated more than $900,000 in local charitable giving, while bank associates volunteered nearly 4,000 hours to assist with hunger relief efforts. During the bank's Global Service Month in April, Bank of America's support of communities across the country in need of basic human services such as food supplies took on a human face as thousands of associates volunteered their time and expertise.

"The All-Star Game creates an opportunity to work with our partners at MLB and the Cardinals to enhance our collective giving both nationally and here in St. Louis," said Pat Mercurio, Bank of America Missouri President."The funds we raise will help to ensure that vulnerable populations supported by the St. Louis Area Foodbank have access to emergency food and other basic services, at a time when they are in dire need."

About St. Louis Area Foodbank

The St. Louis Area Foodbank will feed hungry people by distributing food through its member agencies, and will educate the public about the nature of and the solutions to the problems of hunger. It gathers and distributes nearly 14 million pounds of food each year to 500+ food pantries, homeless shelters, soup kitchens and emergency feeding programs throughout 14 counties in Eastern Missouri and 12 counties southwestern Illinois. For more, please visit www.stlfoodbank.org.

About Bank of America Corporate Philanthropy

Building on a long-standing tradition of investing in the communities it serves, Bank of America this year embarked on a new, ten-year goal to donate $2 billion to nonprofit organizations engaged in improving the health and vitality of their neighborhoods. Funded by Bank of America, the Bank of America Charitable Foundation gave more than $200 million in 2008, making the bank the most generous financial institution in the world and the second largest donor of all U.S. corporations in cash contributions. Bank of America approaches investing through a national strategy called "neighborhood excellence" under which it works with local leaders to identify and meet the most pressing needs of individual communities. Through Team Bank of America, bank associate volunteers contributed more than 900,000 hours in 2008 to enhance the quality of life in their communities nationwide. For more information about Bank of America Corporate Philanthropy, please visit www.bankofamerica.com/foundation.


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