Bank Of America Charitable Foundation Inc

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

EIN: 20-0721133

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43%

57%

What was the overall relationship with the funder?

How many hours did the grant application process take?

5 hours

Median

39%

61%

How would you rate this funder's accessibility?

56%

44%

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

Important Information

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Top descriptors for this funder

2Difficult to work with2Doesn't "get" nonprofits and issues2Builds relationships2Friendly1Bureaucratic1"Gets" nonprofits and issues1Gives more than money1Likes site visits1Positive leader in the field

Advice from a Friend

Bank Of America Charitable Foundation Inc

Jul 09, 2018

Reviewer 2327 - Grant Applicant - applied in 2018

I was very pleased with the response to our application. Invited in for an informal discussion regarding the project and how BoA could make a greater community impact.

Pros

Builds relationships, Likes site visits, "Gets" nonprofits and issues

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Jul 09, 2018

Reviewer 761 - Grant Applicant - applied in 2018

We applied several years now and tried networking with contacts to the foundation without any success. Truly believe you need a champion on BofA Foundation to get results.

Cons

Bureaucratic

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Jun 08, 2018

Grant Applicant - applied in 2016

It's absolutely true that you have to have a relationship with the local folks, and that BoA funds agencies and places where they can maximize their public relations benefits. But I've always had good luck talking with the local market people, who were very accessible and friendly. If you aren't in a market they value, you'll probably be wasting your time on a lengthy application.

Pros

Positive leader in the field, Gives more than money, Friendly, Builds relationships

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Jun 01, 2018 1

Grant Applicant - applied in 2018

It is impossible to find contact information for an actual person who can talk to you about your request prior to applying. I have applied a few times for projects that seem to be a great fit for their priorities and have never been funded.

Cons

Doesn't "get" nonprofits and issues

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May 08, 2018

Reviewer 8115 - Grant Applicant - applied in 2018

This one sort of seems like sending an application into space and wondering what will happen. Hard to reach them to talk out if it's a good fit, and a very long time before you hear back.

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Apr 03, 2018

Grant Applicant - applied in 2018

Not very accessible. Can't really talk to anyone at this foundation. They have, however, funded small grants, typically about half what we need for a project.

Pros

Friendly

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Jan 29, 2018

Grant Applicant - applied in 2016

Don't trust the RFP on their website. They are not interested in unsolicited requests. You must establish a relationship with local/regional staff first.

Cons

Doesn't "get" nonprofits and issues, Difficult to work with

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Oct 23, 2017

Did not apply

Had a phone call to explore their support for opening an office of a national nonprofit in the program officer's geographic region. She shared that they only support when the program is operational in the region and has results to share. Not the warmest demeanor.

Cons

Difficult to work with

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Sep 07, 2017

Reviewer 554 - Grant Applicant - applied in 2017

They encourage applications and publicize the RFPs but it's very difficult to get funded even with a very good fit with the funding areas.

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Bank Of America Charitable Foundation Inc