Description: The Bank of American Charitable Foundation works to develop strong partnerships with nonprofit organizations working to address issues fundamental to economic mobility and social progress in low- and moderate-income communities. The foundation welcomes proposals that address economic mobility in a community context, with a focus on affordable housing, small business, and neighborhood revitalization. Examples include housing development for vulnerable population through the construction or preservation of affordable single, multi-family, transitional, and supportive housing; sustainable development efforts creating healthy living environments through energy efficiency upgrades, retrofits, solar and other green building efforts; transit-oriented development efforts; community arts and cultural institutions that provide economic opportunity and contribute to the vitality and livability of communities; and environmental efforts through the preservation, creation or restoration of open space, parks, and community gardens. See website for more info.
Award: $5,000-50,000 in larger markets; $2,500-25,000 in smaller markets.
Eligibility: Open to organizations with tax-exempt status under section 501(c) (3) of the Internal Revenue Code and note classified as a private foundation. See website for full eligibility. details.
Deadline: Applications accepted May 31-June 25, 2021