How to Find Funding
Review the community grants and sponsorships offered from Bank of America to help benefit your nonprofit organization. Our grants can be used as general operating support as well.
At Bank of America, we’re working to connect communities to better economic futures by responding to fundamental issues related to jobs, housing and basic human services. These focus areas allow us to take a comprehensive approach to a wide range of needs related to workforce development and education, community development, and basic human services. As a financial institution, we respond in two ways—by helping to address the immediate need as well as longer term solutions for economic self-sufficiency. And we’re investing $2 billion over ten years in this effort. Learn more about Bank of America Charitable Foundation funding priorities.
Through our regional U.S. sponsorships, we support the economic, social and cultural life of the places we live and work. We provide an extensive program of arts and sports sponsorships to help maintain vibrant, healthy communities. This includes underwriting art exhibitions, events and performances that require private funding to make them a reality. Our regional sports sponsorship investments include the Bank of America Chicago Marathon, Major League Baseball® and Bank of America 500®.
The Bank of America Charitable Foundation Matching Gifts program encourages employees to contribute to qualifying charitable organizations. The program offers a way to double – up to $5,000 (US) per person each calendar year – employees’ cash or securities contributions to their favorite charitable organizations and thus improve their communities.
Bank of America employees and retirees volunteer thousands of hours globally in our neighborhoods each year. In fact, more than 3,000 charitable organizations benefit from our employees and retirees’ dedication each year. To honor those who give their time and service to causes important to them, the Bank of America Charitable Foundation awards grants, which are up to $500 per employee or retiree for each calendar year and are made in the name of the employee or retiree, to eligible charitable organizations.
The Joe Martin Scholarship program provides financial assistance awards for undergraduate or vocational education for dependents of Bank of America employees. Recipients are chosen based on financial need, academic achievement, leadership, character and contributions to school and community. Awards are for $2,500 for one year of full-time study and may be renewed on the basis of satisfactory academic performance.
*Bank of America gave over $200 million in 2013 to support pressing community needs.