BANK OF AMERICA CHARITABLE FOUNDATION, INC.

Contact information:
401 North Tryon Street, NC1-021-02-20
Charlotte, NC 28255-0001
Phone: 800-218-9946

Website: http://www.bankofamerica.com/foundation/index.cfm

Type of foundation: Company-sponsored

Types of grants: Annual, Building/renovation, Conferences/seminars, Equipment, Operating, Internship funds, Matching/challenge, Program, Management development/capacity building, Sponsorships.

Description: Established in 1958, the Foundation provides philanthropic support to address specific needs vital to the health of its communities through a focus on preserving neighborhoods, preparing future homeowners, educating the workforce for 21st century jobs and addressing critical needs, such as hunger. The Foundation also supports large infrastructure nonprofits and cultural organizations that provide economic opportunity and contribute to the vitality and livability of communities. Special emphasis is directed toward programs supporting low and moderate income communities. Support is given primarily in areas of company operations.

The Foundation operates several giving programs, including:

• The Foundation makes grants to organizations working in the areas of community development, education and workforce, and critical needs. The Foundation issues Requests for Proposals for each of these areas.
• Sponsorships: The Foundation provides sponsorships of art exhibitions, events and performances as a way of supporting the economic, social and cultural life of its operating communities.
• Matching Gifts: The Foundation matches contributions made by associates and directors of Bank of America to nonprofit organizations on a one-for-one basis from $25 to $5,000 per contributor, per year.

Sample grants:

• $150,000 to WGBH Educational Foundation (2010).
• $100,000 to Hampton Roads Educational Telecommunications Association (2010).
• $90,000 to WGBH Educational Foundation for continued general support for media, radio and television (2008).
• $75,000 to WGBH Educational Foundation (2009).
• $60,000 to Window to the World Communications (2010).
• $60,000 to Foundation for New Jersey Public Broadcasting for continued general support for media, radio and television (2008).
• $50,000 to Chicago Public Media (2010).
• $50,000 to Window to the World Communications (2009).
• $50,000 to Foundation for New Jersey Public Broadcasting (2009).
• $50,000 to Chicago Public Media (2008).
• $50,000 to Chicago Public Media (2008).
• $50,000 to KQED for continued general support for media, radio and television (2004).
• $50,000 to KVIE Public Television for continued general support for media and television (2007).
• $50,000 to Window to the World Communications for continued general support for media and television (2008).
• $40,000 to KCPT-Kansas City Public Television Channel 19 (2010).
• $40,000 to Palm Springs International Film Society (2009).
• $30,000 to KVIE Public Television (2010).
• $25,000 to Media Arts Center San Diego (2010).
• $25,000 to KCPT-Kansas City Public Television Channel 19 (2009).
• $25,000 to KOCE-TV Foundation (2008).
• $25,000 to KCPT-Kansas City Public Television Channel 19 (2008).
• $20,000 to Foundation for New Jersey Public Broadcasting (2010).
• $20,000 to Nevada Public Radio Corporation (2010).
• $20,000 to Nevada Public Radio Corporation (2009).
• $20,000 to Bay Area Video Coalition (2009).
• $20,000 to Nevada Public Radio Corporation (2008).
• $16,000 to KVIE Public Television (2008).
• $15,000 to Connecticut Public Broadcasting (2010).
• $15,000 to Southern Nevada Public Television (2010).
• $15,000 to Learning Ally (2010).
• $15,000 to Southern Nevada Public Television (2009).
• $15,000 to WICN Public Radio (2009).
• $15,000 to Media Arts Center San Diego (2009).
• $15,000 to WHYY (2008).
• $15,000 to Chicago Public Media (2008).
• $15,000 to WICN Public Radio (2008).
• $15,000 to Southern Nevada Public Television (2008).
• $15,000 to Media Arts Center San Diego (2008).
• $15,000 to National Hispanic Media Coalition (2008).
• $12,000 to Media Power Youth (2008).
• $10,000 to ETV Endowment of South Carolina (2010).
• $10,000 to KOCE-TV Foundation (2010).
• $10,000 to WICN Public Radio (2010).
• $10,000 to MPT Foundation (Maryland Public Television) (2010).
• $10,000 to KOCE-TV Foundation (2009).

Fit for public broadcasting: The Foundation recognizes the importance of public media by supporting local broadcast media in their communities. The best fits for public media are likely: seeking support as an important community institution that contributes to economic development and community vitality; seeking support to educate future homeowners; seeking support for education and workforce development. American Graduate activities may converge with the Foundation’s interests in education.

Eligibility: Giving on a national basis in areas of company operations. No support for discriminatory organizations, political, labor or fraternal organizations, civic clubs, religious organizations not of direct benefit to the entire community, or public or private pre-K-12 schools. No grants to individuals or for fellowships, sports, athletic events or programs, travel-related events, student trips or tours, development or production of books, films, videos, or television programs, or memorial campaigns. Support is limited to one contribution per organization during any given year.

Deadline: Deadlines vary by program.

How to apply: To begin, applicants should complete the online eligibility quiz. The Foundation issues Requests for Proposals around its priority giving areas.

Giving range: The average gift for radio projects is approximately $21,784. The Foundation has made gifts as high as $7.5 million.

Assets: $9,777,360 (2010).

Total giving: $197,954,354 (2010)