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Also known as: FOUNDATION INC
Bank Of America Charitable Foundation Inc. is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2004. The principal officer is % Corporation Trust Company. It holds total assets of $10.1M. Annual income is reported at $218.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bank Of America Charitable Foundation Inc. has made 5,000 grants totaling $483.1M, with a median grant of $50K. Individual grants have ranged from $25K to $2.5M, with an average award of $97K. The foundation has supported 2,064 unique organizations. The foundation primarily supports organizations in California, New York, District of Columbia, which account for 29% of all grants. Grantmaking reaches organizations across 44 states. Contributions to this foundation are tax-deductible.
Bank Of America Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5,000 grants. Its grantmaking reaches organizations primarily in CA, NY, DC.
Bank Of America Charitable Foundation Inc. has distributed a total of $483.1M across 5,000 grants. The median grant size is $50K, with an average of $97K. Individual grants have ranged from $25K to $2.5M.
The application deadline is SEE ABOVE. THE ORGANIZATION WILL ONLY CONSIDER PROPOSALS ALIGNED WITH THE FOUNDATION'S COMMUNITY FUNDING PRIORITIES AND LOCATED IN STATES IN WHICH THE BANK OF AMERICA HAS A PRESENCE. SEE THE 'FREQUENTLY ASKED QUESTIONS' UNDER THE 'ABOUT US' SECTION OF THE WEBPAGE AT WWW.BANKOFAMERICA.COM/FOUNDATION.
Bank Of America Charitable Foundation Inc. is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 44 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Colleen O Johnson | SECRETARY | $0 | $0 | $0 |
| Frank Racaniello | TAX | $0 | $0 | $0 |
| Steve D Boland | CHAIRMAN/DIRECTOR | $0 | $0 | $0 |
| Cynthia Bowman | DIRECTOR | $0 | $0 | $0 |
| Ebony Thomas | PRESIDENT | $0 | $0 | $0 |
Total Giving
$225.7M
Total Assets
$7.6M
Fair Market Value
$7.6M
Net Worth
$7.6M
Grants Paid
$225.6M
Contributions
$218.9M
Net Investment Income
$1.2M
Distribution Amount
$1.2M
Total Grants
5,000
Total Giving
$483.1M
Average Grant
$97K
Median Grant
$50K
Unique Recipients
2,064
Most Common Grant
$25K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spelman CollegePROGRAM/OPERATING SUPPORT | Atlanta, GA | $2.5M | 2022 |
| American Heart AssociationPROGRAM/OPERATING SUPPORT | Dallas, TX | $2.5M | 2022 |
| Atrium Health FoundationPROGRAM/OPERATING SUPPORT | Charlotte, NC | $2.5M | 2022 |
| Morehouse CollegePROGRAM/OPERATING SUPPORT | Atlanta, GA | $2.5M | 2022 |
| Johnson C Smith University IncorpoPROGRAM/OPERATING SUPPORT | Charlotte, NC | $2M | 2022 |
| Susan Campbell |
| TREASURER |
| $0 |
| $0 |
| $0 |
| Libbie A Pryor | ASSISTANT SECRETARY | $0 | $0 | $0 |
| Alastair Borthwick | DIRECTOR | $0 | $0 | $0 |
| Jennifer Locane Silvania | VICE PRESIDENT | $0 | $0 | $0 |
| Andrew D Plepler | DIRECTOR | $0 | $0 | $0 |
| Paul Donofrio | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Habitat For Humanity InternationalPROGRAM/OPERATING SUPPORT | Americus, GA | $2M | 2022 |
| Special Olympics IncPROGRAM/OPERATING SUPPORT | Washington, DC | $1.8M | 2022 |
| American Diabetes Association ArPROGRAM/OPERATING SUPPORT | Merrifield, VA | $1.6M | 2022 |
| American Cancer Society Inc - GeorPROGRAM/OPERATING SUPPORT | Atlanta, GA | $1.6M | 2022 |
| Enterprise Community Partners IncPROGRAM/OPERATING SUPPORT | Columbia, MD | $1.3M | 2022 |
| Local Initiatives Support CorporatPROGRAM/OPERATING SUPPORT | New York, NY | $1.3M | 2022 |
| UnidosusPROGRAM/OPERATING SUPPORT | Washington, DC | $1.2M | 2022 |
| Charities Aid Foundation AmericaPROGRAM/OPERATING SUPPORT | Alexandria, VA | $1M | 2022 |
| National Urban League IncPROGRAM/OPERATING SUPPORT | New York, NY | $1M | 2022 |
| World Trade Center Performing ArtsPROGRAM/OPERATING SUPPORT | New York, NY | $1M | 2022 |
| Rockefeller Philanthropy AdvisorsPROGRAM/OPERATING SUPPORT | New York, NY | $1M | 2022 |
| The Obama FoundationPROGRAM/OPERATING SUPPORT | Chicago, IL | $1M | 2022 |
| Naacp Empowerment Programs IncPROGRAM/OPERATING SUPPORT | Baltimore, MD | $1M | 2022 |
| Brigham And Women'S HospitalPROGRAM/OPERATING SUPPORT | Boston, MA | $1M | 2022 |
| Smithsonian InstitutePROGRAM/OPERATING SUPPORT | Washington, DC | $1M | 2022 |
| Close Up FoundationPROGRAM/OPERATING SUPPORT | Alexandria, VA | $800K | 2022 |
| World Central Kitchen IncorporatedPROGRAM/OPERATING SUPPORT | Washington, DC | $800K | 2022 |
| The Aspen Institute IncPROGRAM/OPERATING SUPPORT | Washington, DC | $780K | 2022 |
| Robert F Kennedy Center For JusticPROGRAM/OPERATING SUPPORT | Washington, DC | $750K | 2022 |
| Water Org IncPROGRAM/OPERATING SUPPORT | Kansas City, MO | $750K | 2022 |
| Foundation For The CarolinasPROGRAM/OPERATING SUPPORT | Charlotte, NC | $715K | 2022 |
| Urban Alliance Foundation IncPROGRAM/OPERATING SUPPORT | Washington, DC | $700K | 2022 |
| Friends Of The World Food ProgramPROGRAM/OPERATING SUPPORT | Washington, DC | $700K | 2022 |
| Cornell UniversityPROGRAM/OPERATING SUPPORT | Ithaca, NY | $700K | 2022 |
| Npower IncPROGRAM/OPERATING SUPPORT | Brooklyn, NY | $689K | 2022 |
| Loaves & Fishes Inc Dba Loaves & FPROGRAM/OPERATING SUPPORT | Charlotte, NC | $638K | 2022 |
| Second Harvest Food Bank Of MetrolPROGRAM/OPERATING SUPPORT | Charlotte, NC | $638K | 2022 |
| Regents Of The University Of MichiPROGRAM/OPERATING SUPPORT | Ann Arbor, MI | $625K | 2022 |
| Education Development Center IncPROGRAM/OPERATING SUPPORT | Waltham, MA | $600K | 2022 |
| Generation You Employed IncPROGRAM/OPERATING SUPPORT | Washington, DC | $600K | 2022 |
| Georgetown UniversityPROGRAM/OPERATING SUPPORT | Washington, DC | $500K | 2022 |
| Black Economic Alliance FoundationPROGRAM/OPERATING SUPPORT | Washington, DC | $500K | 2022 |
| National Center For State CourtsPROGRAM/OPERATING SUPPORT | Williamsburg, VA | $500K | 2022 |
| Children'S Hospital Of The King'SPROGRAM/OPERATING SUPPORT | Norfolk, VA | $500K | 2022 |
| The Nature ConservancyPROGRAM/OPERATING SUPPORT | New York, NY | $500K | 2022 |
| Year Up IncPROGRAM/OPERATING SUPPORT | Boston, MA | $500K | 2022 |
| University Of South Carolina EducaPROGRAM/OPERATING SUPPORT | Columbia, SC | $500K | 2022 |
| American National Red CrossPROGRAM/OPERATING SUPPORT | Washington, DC | $500K | 2022 |
| George W Bush FoundationPROGRAM/OPERATING SUPPORT | Dallas, TX | $500K | 2022 |
| Feeding AmericaPROGRAM/OPERATING SUPPORT | Chicago, IL | $500K | 2022 |
| Neighborhood Reinvestment CorpPROGRAM/OPERATING SUPPORT | Washington, DC | $450K | 2022 |
| City Harvest IncPROGRAM/OPERATING SUPPORT | Brooklyn, NY | $425K | 2022 |
| Community Food Bank Of New JerseyPROGRAM/OPERATING SUPPORT | Hillside, NJ | $425K | 2022 |
| Food Bank For New York CityPROGRAM/OPERATING SUPPORT | New York, NY | $425K | 2022 |
| North Texas Food BankPROGRAM/OPERATING SUPPORT | Plano, TX | $420K | 2022 |
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