Boston Children's Hospital Receives $10 Million Gift from Bank of America to Support New Behavioral Health Campus
The planned campus is expected to create between 150 and 200 community jobs and over 3,320 construction jobs throughout the project.
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Rhea-AI Summary
Bank of America (BAC) is providing a $10 million grant to help establish a pediatric behavioral health campus in Brighton, Massachusetts. The gift to Boston Children's Hospital will support new space at Franciscan Children's, which joined the hospital's health system in 2023.
The planned campus will combine inpatient, outpatient and rehabilitation services, with single-patient rooms and programs for children with autism and intellectual and developmental disabilities. It will introduce pediatric and adolescent partial hospitalization and intensive outpatient care. Boston Children's expects the expanded capacity and integrated services to reduce wait times and improve early intervention. The campus will also support research, workforce development and collaboration with schools and community organizations. Bank employees and executives volunteered at Franciscan Children's to mark the commitment.
Positive
- None.
Negative
- Minor pointBank of America's $10 million grant commits funding to Boston Children's Hospital's planned behavioral health campus.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Key points
- Bank of America is providing a
grant to Boston Children's Hospital to establish a new pediatric behavioral health campus of Franciscan Children's in$10 million Brighton . - The
Brighton campus will feature new single-patient rooms and thoughtfully designed spaces for children with autism and intellectual developmental disabilities. - Funding will support the development of the hospital's new space, expanding access to mental health care and increasing capacity to serve more children and adolescents.
- Between 150 and 200 jobs will be created with the new Brighton Campus, along with 3,320 construction jobs throughout the project.
- Bank of America employees and executives volunteered at Franciscan Children's to commemorate the bank's commitment and participated in activities to create moments of joy and connection.

The gift will directly support the development of the hospital's new space in
To commemorate this commitment, Bank of America employees and executives volunteered today at Franciscan Children's, spending time with patients in both the medical rehabilitation and behavioral health units. Volunteers participated in activities including kickball, mural painting, arts and crafts, and reading books with younger patients, helping create moments of connection, joy, and encouragement for children and families receiving care.
"Bank of America's leadership gift helps turn vision into reality," said Kevin B. Churchwell, MD, CEO of Boston Children's Hospital. "Their generosity will help us build a dedicated space where children and families can find expertise, empathy, and hope — and where we can continue advancing research, training the next generation of specialists, and strengthening community partnerships."
The
"This new campus has the potential to change the trajectory of care for children and families across
Beyond bricks and mortar, the new campus will serve as a hub for innovation — supporting groundbreaking research, workforce development, and collaboration with schools and community organizations to extend care beyond hospital walls. The new campus will also create between 150 and 200 new jobs in the community and over 3,320 construction jobs throughout the project. The new space will house the full continuum of care for patients with behavioral health needs including programs dedicated to children with neurodevelopmental disorders. The campus also introduces pediatric and adolescent partial hospitalization and an intensive outpatient care program. On the rehabilitation side, the building will provide state-of-the-art facilities to accommodate a wide range of services from post-acute rehabilitation to outpatient rehabilitation programs.
Together, these efforts will help catalyze a stronger, more connected behavioral health system for children across
Frequently asked questions
Question: Why is Bank of America investing in healthcare infrastructure at Boston Children's Hospital?
Answer: Bank of America is committed to strengthening the communities where it operates by supporting access to essential services, including healthcare. Investments like this help ensure
Question: How does this grant reflect Bank of America's broader commitment to
Answer: Bank of America has a significant presence in
Question: What areas does Bank of America prioritize in
Answer: Through partnerships with local nonprofits, Bank of America helps advance economic mobility, housing stability and community development throughout
Boston Children's Hospital
Boston Children's Hospital is ranked among the best children's hospitals in the nation by U.S. News & World Report and is a pediatric teaching affiliate of Harvard Medical School. Home to the world's largest research enterprise based at a pediatric medical center, Boston Children's has led the way in life-changing pediatric innovation since its founding in 1869. Today, 3,000 researchers and scientific staff, including 14 members of the National Academy of Sciences, 37 members of the National Academy of Medicine and 13 Howard Hughes Medical Investigators across ~1M square feet of lab space comprise the research community. From bench to bedside, scientists work on preventing, treating, and curing diseases that impact both children and adults, no matter how rare or complex the condition. Founded as a 20-bed hospital for children, Boston Children's is now a 491-bed comprehensive center for pediatric and adolescent health care.
With nine satellite locations and the Martha Elliot Health Center, Boston Children's also provides 24/7 pediatric care at five hospitals including Beverly Hospital, Winchester Hospital, St. Luke's Hospital, South Shore Hospital and Cape Cod Hospital.
Boston Children's also includes: Affiliation with Franciscan Children's Hospital, including 112 beds and 700+ employees; Boston Children's Primary Care Alliance, a robust network of 33 pediatric practices serving patients and families throughout
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Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact
Alexandra Hladick Bueno, Boston Children's Hospital
alexandra.hladickbueno@childrens.harvard.edu
Andy Aldridge, Bank of America
andrew.aldridge@bofa.com



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SOURCE Bank of America Corporation
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What will Bank of America's $10 million grant to Boston Children's Hospital fund?
The $10 million grant will support development of a new pediatric behavioral health campus at Franciscan Children's in Brighton. The planned space will combine inpatient, outpatient and rehabilitation services and expand capacity to serve children and adolescents.