BANK OF AMERICA CHARITABLE FOUNDATION INC

CHARLOTTE, NC, 28202-2196 (980) 386-9127 EIN 20-0721133
T20 - Private Grantmaking Foundations 990-PF - Private foundation return 501(c)(3) Accepts unsolicited applications

Giving Portfolio

Total Grants
315,581
Total Giving
$1.7B
Recipients
121,865
Years Active
2018 - 2024
Avg grant: $30,905,450 Median: $325

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$216.3M $216.3M10
202358994$225.6M $4K867913248
202255830$314.9M $6K663014362
202162074$306.5M $5K1054511274
202050811$309.1M $6K747511253
201950479$204.7M $4K790811546
201837392$169.8M $5K189440

Sectors Funded

Education
32905
Human Services
31437
Animal-Related
17427
Arts, Culture & Humanities
14049
Philanthropy & Grantmaking
13788
Diseases & Disorders
12305
Health Care
11493
Food, Agriculture & Nutrition
9926
and 18 more sectors

Top States

California
35133
North Carolina
31075
New York
28208
Florida
23451
Texas
23262
New Jersey
13481
Illinois
12354
Massachusetts
12194
and 43 more states

Grantee Size Profile

Over $50M
47592
$1M - $5M
45843
$10M - $50M
42862
$100K - $500K
22940
$5M - $10M
22127
$500K - $1M
14348
Under $100K
10610

Top Grantees

Page 1 of 3
See Attachment for Grants Detail
NC
$216.3M
$49.9M
$28.1M
DC - 71 grants
$8.6M
DC - 81 grants
$7.9M
IL - 269 grants
$7.7M
GA - 79 grants
$7.1M
$6.3M

Grants Awarded · 315581 grants

How to Apply

Accepts unsolicited applications

From 2024 990-PF
Application instructions and contact details are available from this foundation's Form 990-PF. View with a free account

Financials

Total Revenue
$218,843,611
Total Expenses
$26,784
Net Assets
$10,062,101
From latest filing (tax period ending 2024-12-31)

Officers & Trustees (9)

Individual compensation is available on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990-PF - Private foundation return
Jan 1, 2024 to Dec 31, 2024
$218,843,611 ↓$26,784$10,062,101
2023 990-PF - Private foundation return
Jan 1, 2023 to Dec 31, 2023
$220,225,056 ↑$30,778$7,556,845
2022 990-PF - Private foundation return
Jan 1, 2022 to Dec 31, 2022
$76,977,118 ↓$108,721$13,022,222
2021 990-PF - Private foundation return
Jan 1, 2021 to Dec 31, 2021
$549,442,310 ↑$118,753$249,985,331
2020 990-PF - Private foundation return
Jan 1, 2020 to Dec 31, 2020
$304,713,216 ↑$4,427$8,919,572
2019 990-PF - Private foundation return
Jan 1, 2019 to Dec 31, 2019
$207,650,476 ↑$18,050$13,409,522
2018 990-PF - Private foundation return
Jan 1, 2018 to Dec 31, 2018
$123,980,839 $15,721$10,495,307
EIN: 20-0721133 · Source: IRS Form 990 e-file data