Augusta National Golf Club and Bank of America partner with Paine College to support Institutional Advancement and Long-Term Success

Staff Report

Friday, November 18th, 2022

In an effort to help bridge resource and leadership gaps at nonprofits across the country, Bank of America, in partnership with Augusta National Golf Club, has announced two key initiatives to support the long-term success of Paine College, a private Historically Black College or University (HBCU) in Augusta, Ga.  

Bank of America has expanded its Leader on Loan program with Dr. Tiffani Stewart beginning her year-long, fulltime role as interim Assistant to the President with Paine College in August. In addition, Paine College has joined the Way Forward Initiative, a multiyear collaboration between education firm EAB and Bank of America to support HBCUs. Their inclusion in the program is made possible through funding provided by Augusta National Golf Club as part of its commitment to Paine College and the City of Augusta. 

Leader on Loan Program

The Leader on Loan program is an innovative way for Bank of America to bring additional resources to local communities. Talented leaders in the program are typically in their roles at the nonprofits for an average of 12 months, with the bank covering the employee's salary and benefits. Created in 2017 with four organizations in Charlotte, the program has expanded to place 40 leaders with a variety of organizations to help advance economic opportunity and other philanthropic priorities in the communities where they live and work.  

“This is such a unique opportunity to help drive meaningful, lasting change with Paine College,” said Dr. Stewart, interim Assistant to the President at Paine College. “It is my hope to help the organization by working with the Office of the President and the Office of Institutional Advancement to oversee the attainment of the College’s Strategic Objectives related to Productive Partnerships and ‘friend’ raising.”

Stewart joins the Office of the President as the daughter of two Paine College graduates. She is a 17-year financial services veteran previously based in Kennesaw, Ga. Her banking career began in Consumer and Small Business supporting Consumer Lending and Consumer Credit Assistance and transitioned Global Human Resources. She believes in forming collaborative relationships that lead to collective action, grounded in shared values of working together to affect positive change.