Background Image

Bank of America Charitable Foundation

Manager: Cheryl Mirer
Priority: Open

BACKGROUND

Established in 1958; reincorporated in 2004.

FIELDS OF INTEREST

education, community development

LIMITATIONS

Giving on a national and international basis in areas of company operations, including Albany, Syracuse/Utica.

No support for discriminatory organizations, political, labor, or fraternal organizations, civic clubs, religious organizations not of direct benefit to the entire community, or public or private pre-K-12 schools.

No grants to individuals or for fellowships, sports, athletic events or programs, travel-related events, student trips or tours, development or production of books, films, videos, or televisions programs, or memorial campaigns.

FINANCIAL DATA

Year ended 2012-12-31

Assets: $32,075,548 (market value)

Gifts received: $120,576,140

Expenditures: $175,303,789

Total giving: $175,299,789

Qualifying distributions: $175,299,789

Giving activities include:

$175,299,789 for 45820 grants (high: $2,560,503; low: $10)

SELECTED GRANTS

The following grants are a representative sample of this grantmaker's funding activity:

  • $2,560,503 to Scholarship America, Saint Peter, MN, in 2012. For program and operating support
  • $2,000,000 to Foundation for the Carolinas, Charlotte, NC, in 2012. For program and operating support
  • $2,000,000 to Habitat for Humanity International, Americus, GA, in 2012. For program and operating support
  • $1,250,000 to Local Initiatives Support Corporation, New York, NY, in 2012. For program and operating support
  • $1,000,000 to Museum of Fine Arts, Boston, MA, in 2012. For program and operating support
  • $650,000 to Urban League, National, New York, NY, in 2012. For program and operating support
  • $500,000 to City Year, Boston, MA, in 2012. For program and operating support
  • $5,000 to Jewish Federation, Greater Miami, Miami, FL, in 2012. For program and operating support
  • $4,250 to Humanity First USA, Silver Spring, MD, in 2012. For program and operating support
  • $2,375 to Metrolina Regional Scholars Academy, Charlotte, NC, in 2012. For program and operating support