Funder DirectoryThe Bank of America Charitable Foundation Inc
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Private foundation (trust)EIN 200721133Est. 2004-03

The Bank of America Charitable Foundation Inc

Charlotte, NC 28255

Accepts unsolicited proposals

Total Assets

$10.1M

FY 2024

Annual Giving

$216.3M

FY 2024

Grants Made

1

FY 2024

Avg Grant

$216.3M

FY 2024

Grant Range

$216.3M–$216.3M

Typical

Deadlines

See above

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$218.8M

Total Expenses

$216.3M

Qualifying Distributions

$216.3M

Distributable Amount

$513K

Min. Investment Return

$522K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $216.3M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

Recipient names are missing from the available filing data for some grants.

CHARITIES AID FOUNDATION AMERICA
$5.1M
24 grants
AMERICAN HEART ASSOCIATION INC
$2.5M
1 grant
ATRIUM HEALTH FOUNDATION
$2.5M
1 grant
CLOSE UP FOUNDATION
$1.7M
1 grant
NATIONAL URBAN LEAGUE INC
$1.6M
2 grants
AMERICAN CANCER SOCIETY - GEORGIA
$1.6M
1 grant
AMERICAN DIABETES ASSOCIATION A
$1.6M
1 grant
UNIDOSUS
$1.4M
1 grant

Grant Size Distribution

500 grants

<$10K
$10–50K
$50–250K
458
grants
$250K–1M
33
grants
$1–5M
8
grants
$5M+
1
grants

Geographic Focus

39 states

North Carolina
$224.2M
71% of total
New York
$13.6M
4% of total
District of Columbia
$11.2M
4% of total
Virginia
$11.0M
3% of total
California
$6.6M
2% of total
Massachusetts
$6.2M
2% of total
Texas
$5.8M
2% of total
Illinois
$5.5M
2% of total
Georgia
$4.3M
1% of total
Maryland
$4.3M
1% of total

+29 more states

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