Bank Of America Charitable Foundation Inc

20 survey respondents

Location: 150 N College St Nc1-028-17-06, Charlotte, 28202 NC

EIN: 20-0721133

Write a Review

31%

69%

What was the overall relationship with the funder?

How many hours did the grant application process take?

6 hours

Median

33%

68%

How would you rate this funder's accessibility?

44%

56%

How successfully do you think the funder is accomplishing its current philanthropic goals?

Important Information

2017 Deadlines:

Types of Grants Awarded:

Geographic Focus:

Interests/Priorities

Key Personnel

Financial Summary

For Fiscal Year

Total Assets:

Total Grants:

Change in Assets FY :

Amount of Grants to Minnesota Nonprofits:

Sample Grants to Minnesota Nonprofits in

Largest Grant:

Smallest Grant:

Average Grant:

Top descriptors for this funder

4Difficult to work with4Doesn't "get" nonprofits and issues3Bureaucratic3Friendly2Risk averse2Builds relationships2Likes site visits1Culturally incompetent1Inadvertently exerts negative influence in the field1"Gets" nonprofits and issues1Gives more than money1Positive leader in the field

Advice from a Friend

Bank Of America Charitable Foundation Inc

May 04, 2023

Reviewer 6607 - Grant Applicant - applied in 2023

urgent urgent urgent urgent for my brother manager bank of america i am very poor please help me or my brother manager magazine FORBES USA i am very poor please help me or my brother actor american BRAD PITT i am very poor please help me pleaseeeeeeee or the rich American BILL PULTE I am a very poor old Tunisian man help me to buy a house and save my children in Tunisia and I know that my brother BILL PULTE is a very nice man he wants to help me to save my children. all the doors have closed in front of me in tunisia and in the world I am a very poor old man from Tunisia. I am very tired with my children in Tunisia all the doors have closed in front of me in Tunisia and in the world I have no money to buy a house and save my children I know that the BILL PULTE are very sympathetic, they want to help me i am very poor please help me please or my brother actor american dwayne jhonson the rock i am very poor please help me please .tunisia and america have been its friend for 200 years or my brother rich man american ELON MUSK and i know that my brother elon musk is a very nice man he wants to help me buy a house and save my children in tunisia please i am very poor please help me please please help me please please or for all the rich arabic women and I know that the rich women are very sympathetic she wants to help me to save my children in Tunisia for all the rich women and I know that the rich women and all the american people are very sympathetic, they want to help me to save my children in Tunisia or all rich women in the world i am very poor please help me or this message for all the billionaire rich girls in the world help me i am very poor or To all the rich women swiss billionaire or my brother actor american dwayne jhonson the rock or my syster angelina jolie or my syster oprah winfrey or my brother cristiano ronaldo or my brother BILL GATES or my brother ELON MUSK or american or europeenne or canadian billionnaire in the world and all my rich millionaire friends I'm your brother Help me save my children Help me I'm your brother I'm so tired with my kids All doors are closed in front of me in tunisia . I am a 62 year old tunisian male with pneumonia. I am a father of two children. I am also very poor, I do not have money to buy a house , yes that is the truth. Welcome to my country and you will discover how I live with my children in poverty + misery. My father died for 18 years. My mother also passed away 9 years ago. I am very sad today I am poor and I have no money to buy a house I advertised on the internet to all the rich and women in the world but no response I dont understand English I speak Arabic I sent this message to you from google translate Finally I know that the rich women are very friendly, he wants to help me to save my children please I am a very poor old man I need help to buy a house and I know that there are rich women in the world who are very nice and want to help me I need a donation to buy a house please please please please please my email [email protected] my telephone 0021693006511

More Feedback

May 01, 2023

Grant Applicant - applied in 2023

Such a long and complicated application. Is it necessary?

More Feedback

Jan 26, 2023

Grant Applicant - applied in 2021

Like others have said, consider carefully before completing their onerous application process. The local contacts are great and open to meetings, but I think they have limited control over their local funding ability. Colorado does not seem to be a high priority for them.

Pros

Friendly, Likes site visits, Responsive

More Feedback

Feb 20, 2020 3

Grant Applicant - applied in 2020

Near impossible to understand how to get a larger grant. Seem to match the guidelines in a significant way, but gift stays (at best) low and flat year to year.

Cons

Bureaucratic

More Feedback

Feb 12, 2020 7

Professional in the field

This is a very long, invasive application with low chance of award. Consider carefully before you spend your precious time on this beast. I am a grant writing consultant and this is possibly the worst application I have to complete, among about 100 apps submitted annually. They ask a ton of questions, and everyone applying has to provide their bank information, putting thousands of nonprofits at needless risk. They ask if they can contact one of your clients (!!!) I don't know who wrote this RFP but it's a hot mess.

Cons

Bureaucratic

More Feedback

Aug 01, 2019 4

Reviewer 1223 - Grant Applicant - applied in 2018

Local bank branch staff are not aware of the grants process. You must establish a relationship with the regional director. Unfortunately, that is very hard to do. It is difficult to get simple questions answered. It's grant application is complex and onerous considering the amounts awarded.

Cons

Difficult to work with

More Feedback

Jun 24, 2019 2

Grant Applicant - applied in 2017

On a recent call with the program officer, we were told they are now making fewer, but larger grants. We have received several small ($2.5K) grants from them in the past. Their website is confusing and it is difficult to access a person to talk to.

More Feedback

Jun 21, 2019 2

Reviewer 9138 - Grant Applicant - applied in 2019

You need someone from your regional BofAs to push your application forward, preferably someone with rank who can serve on your Board. Once you get a local champion, if they don't actively move your application along, they may as well actively disparage it--same effect. Prioritize your relationship.

Cons

Inadvertently exerts negative influence in the field, Doesn't "get" nonprofits and issues, Difficult to work with, Risk averse

More Feedback

Jun 12, 2019 2

Reviewer 9878 - Grant Applicant - applied in 2019

You must have a champion, I suspect a bank employee but perhaps another nonprofit that they have funded for a very long time. I have tried unsuccessfully for a few years. We are partnered with others that they fund and I think the alignment is there but nothing. Trying to get feedback is tough.

Cons

Doesn't "get" nonprofits and issues, Culturally incompetent, Risk averse

More Feedback

Jun 12, 2019

Grant Applicant - applied in 2018

BoAF will be supportive once you get to know the officers and decision makers. As long as they like your work, you will have a champion. However, in our experience we rarely saw an increase in grant funding, even though a bank should understand inflation.

More Feedback

Would you like to share your experiences about this funder?

funder logo

Bank Of America Charitable Foundation Inc