Foundation / Corporation
Bank of America Charitable Foundation
Grants to USA nonprofit organizations in multiple states to promote social progress and economic mobility in communities within the funding source’s market area. Eligible states include Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, DC, and Washington.
Bank of America is committed to supporting equitable solutions that will help vulnerable communities grow and prosper. The vibrancy and health of each community has a direct impact on the long-term success of its residents. That’s why Bak of America is addressing critical issues to ensure communities are resilient and poised for growth. This includes support for affordable housing, sustainable development, strong business corridors, the arts and environmental investments.
The focus of this program is economic mobility and social progress focused on the needs of the community by investing in affordable housing, community revitalization, arts, and the environment.
Expanding Access to Housing Opportunities:
Access to affordable housing remains a challenge for many communities. That’s why Bank of America supports the work of organizations as they work to preserve, and increase access to a mix of affordable housing options and connect individuals and families with the tools and resources to achieve their financial goals:
-Organizations whose housing efforts address the needs of vulnerable populations (e.g. low and moderate income, homeless, elderly, formerly incarcerated) as they construct or preserve affordable single, multi-family, transitional and supportive housing
-Organizations creating pathways to stable housing or homeownership through financial stability efforts such as homebuyer education, budgeting, savings, credit and credit repair including foreclosure prevention and loss mitigation
-Organizations whose sustainable development efforts create healthy living environments through the pursuit of energy efficiency upgrades, retrofits, solar and other green building efforts
Building Vibrant Communities:
Supporting local and regional revitalization efforts taking a holistic approach to building thriving communities, create economic opportunity and livable neighborhoods. This includes support of economic drivers such as arts and cultural institutions that contribute to the overall vitality of the community:
-Economic development efforts that promote small business growth and healthy commercial corridors
-Revitalization initiatives that engage community stakeholders in the environmental health and economic growth of their communities (e.g. transit-oriented development as a means of connecting individuals to jobs services and economic opportunity; neighborhood preservation to strengthen overall community health, safety and welfare)
-Strengthening the resiliency of communities through the initiatives that support local plans to prepare, withstand and recover from extreme weather events and the long-term impacts of climate change
-Supporting community arts and cultural institutions that provide economic opportunity and contribute to the vitality and livability of communities
-Supporting community greening efforts that create healthy neighborhoods and environmental sustainability through the preservation, creation or restoration of open space, parks and community gardens
GrantWatch ID#: 181432
To be considered for a local grant, your organization:
-Must be tax-exempt under section 501(c)(3) of the Internal Revenue Code and not classified as a private foundation
-Must be based and serve communities in eligible markets
-Should be aligned with the funding priorities of community development, education and workforce development and critical needs.
The following organizations are not eligible for funding:
-Organizations that deny service to a potential client or beneficiary on the basis of race, religion, color, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, veteran, or disability status
-Individuals, including those seeking scholarships or fellowship assistance
-Political, labor, fraternal organizations, or civic clubs
-Religious organizations (for example, churches and synagogues). Some secular community service programs such as soup kitchens, shelters for the homeless, and job banks are eligible, even when sponsored by religious groups.
-Individual preK-12 schools (public or private)
-Sports, athletic events, or athletic programs
-Travel-related events, including student trips or tours
-Development or production of books, films, videos, or television programs
Applications are accepted 6/4/2018 – 6/29/2018.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Grants are made to communities in eligible Bank of American market areas. More information about eligible states and local markets may be found here:
More information about eligible market areas may be found here:
USA: Arizona; Arkansas; California; Colorado; Connecticut; Delaware; Florida; Georgia; Idaho; Illinois; Iowa; Kansas; Maine; Maryland; Massachusetts; Michigan; Minnesota; Missouri; Nevada; New Hampshire; New Jersey; New Mexico; New York City; New York; North Carolina; Ohio; Oklahoma; Oregon; Pennsylvania; Rhode Island; South Carolina; Tennessee; Texas; Virginia; Washington, DC; Washington