Bank Of America CEO Brian Moynihan Honored At $32 Million Anti-Hate Benefit In New York

Bank of America CEO Brian Moynihan was recognized for his support of efforts to combat antisemitism and other forms of hate at a high-profile benefit in New York City on Wednesday night, where organizers announced that more than $32 million had been raised.

Moynihan received the Leadership in Action Award at the inaugural benefit hosted by the Blue Square Alliance Against Hate, an organization founded in 2019 by New England Patriots owner Robert Kraft.

The sold-out event took place at the Waldorf Astoria and attracted more than 800 attendees. According to the organization, the fundraiser generated the largest single-night total in its history.

“Officially, on behalf of my 209,000 teammates at Bank of America, I want to thank the Blue Square Alliance for recognizing me as a Blue Square leader in action,” Moynihan said at the benefit. “It is an absolute privilege to receive the first award at the first-ever gala.”

Brian Moynihan Accepts Leadership In Action Award On Behalf Of Bank Of America Employees

Moynihan credited Bank of America's employees for the company's achievements and acknowledged their contributions while accepting the award.

“This recognition belongs to my teammates who do all the great work that makes our company so good,” he continued.

“It helps make possible our ability to support things like the Blue Square. It helps to make possible all the work we do, and I accept this award on their behalf.”

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The event brought together prominent figures from the business, sports, entertainment and religious communities to support the organization's work against hate.

Among those who addressed attendees were former NFL quarterback Tom Brady, musician Jon Bon Jovi, National Women's Soccer League Commissioner Jessica Berman and Cardinal Timothy Dolan, Archbishop Emeritus of New York.

Former Secretary of State Condoleezza Rice, who serves on the organization's advisory board, also delivered a video message. She reflected on her personal experience with hate and discussed the importance of education in fostering empathy.

Blue Square Alliance Raises More Than $32 Million To Combat Antisemitism And Hate

The Blue Square Alliance Against Hate said the funds raised at the benefit would support the expansion of its technology and analytics operations, national media and advertising campaigns, and other initiatives designed to combat hate.

The organization characterized the gathering as both a fundraising success and a call to action, bringing together individuals and community partners committed to addressing antisemitism and other forms of hate.

“The sold-out event, held at the Waldorf Astoria, brought together influential leaders, changemakers, and community partners, all united by a shared belief: that hate has no place in our society,” the organization said in a press release.

The fundraiser marked the organization's inaugural benefit and delivered what it described as the largest single-night fundraising total in its history, with proceeds earmarked for its ongoing programs and expanded operations.