The Bank of America Charitable Foundation Inc

Historical Funder

Charlotte, North Carolina · EIN 20-0721133 · Private foundation · Website

Grants paid (2024)$216.3M

Organizations funded1

Typical grant$216,309,069

Total assets$10.1M

Half of its grants to organizations were between $216,309,069 and $216,309,069.

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From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):

Contact	See website address
Address	401 N Tryon St, Charlotte NC 28255
Phone	8002189946
Email	WWW.BANKOFAMERICA.COM/FOUNDATION
Form and materials	GRANT APPLICATIONS SHOULD BE SUBMITTED ONLINE THROUGH THE FOUNDATION'S WEBPAGE AT WWW.BANKOFAMERICA.COM/FOUNDATION. THE FOUNDATION HAS THE FOLLOWING DEADLINES FOR SUBMISSION FOR CERTAIN TYPES OF GRANTS: 1ST RFP - 1/1/2024 TO 2/17/2024, 2ND RFP - 5/22/2023 TO 6/23/2024, NEIGHBORHOOD BUILDERS PROGRAM - 5/1/2024 TO 5/31/2024, NEIGHBORHOOD CHAMPIONS PROGRAM - 4/3/2024 TO 4/30/2024, STUDENT LEADERS GRANTS - 10/17/2023 TO 7/31/2024 AND THE SUMMER YOUTH EMPLOYMENT PROGRAM (SYEP) 1/1/2024 TO 2/17/2024. PLEASE VISIT THE FOUNDATION'S WEBSITE AT WWW.BANKOFAMERICA.COM/FOUNDATION FOR ADDITIONAL INFORMATION RELATING TO THESE AND OTHER PROGRAMS.
Deadlines	SEE ABOVE
Restrictions	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

Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.

Where it gives

0% of grants went outside North Carolina.

North Carolina1

Grants paid in tax year 2024

Recipient	Location	Purpose	Amount
See Attachment for Grants Detail	Charlotte, NC	Program/Operating Support	$216,309,069

Giving by year

Tax year	Grants paid	Grant lines
2024	$216,309,069	1
2023	$225,641,539	58,994

Sources

IRS Form 990-PF, tax year 2024, filed Sep 8, 2025 - IRS e-file batch, object ID 202522519349100637
IRS Tax Exempt Organization Search for EIN 20-0721133
Profile updated Nov 10, 2026

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.