Former Bank of America CEO donates $1m

Bank of America

A planned expansion of The Crossnore School for abused and neglected children in Avery County has received a $1m boost from former Bank of America CEO Ken Lewis and his wife, Donna.

The Charlotte Observer reports that the couple, who live in Charlotte, donated the money to help the century-old school kick off a campaign that seeks to raise $6.3m this year. The money will build housing for 30 additional children and a new school building.

Brett Loftis, chief executive officer of the school, said the expansion will allow Crossnore to increase its capacity about one third to 120 children. The school, about 100 miles northwest of Charlotte, specializes in helping children who have suffered physical or sexual abuse, or severe neglect.

Loftis said the Lewises notified him of the gift after they took a tour of the residential boarding school last fall. 

To access the complete Charlotte Observer article hit the link below:

Former Bank of America CEO gives $1 million to school for abused children

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