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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How many hours did the grant application process take?

6 hours




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

Important Information

2017 Deadlines:

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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 01, 2023

Grant Applicant - applied in 2023

Such a long and complicated application. Is it necessary?

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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.


Friendly, Likes site visits, Responsive

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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.



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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.



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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.


Difficult to work with

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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.

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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.


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

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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.


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

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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.

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Jun 11, 2019 2

Reviewer 770 - Grant Applicant - applied in 2019

Read all the way through the application first. Some of the items you might normally include in a narrative section will be asked later, so you can save your character count for something else.

Pay attention to word counts! The "Detailed Grant Description" gives you an insufficient number of characters. Use them wisely.

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Bank Of America Charitable Foundation Inc