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New Head of Bank of America Charity Vows to Keep Giving Steady

September 10, 2009, 1:10 pm

Bank of America’s charitable foundation will maintain giving levels this year despite the hit the financial sector has taken in the credit crisis, The Boston Globe reports.

The Boston-based foundation’s new president, Kerry H. Sullivan, said donations will reach $200-million by the end of this year, about the same as in 2008 and in keeping with the company’s vow last year to give $2-billion over 10 years.

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