How much did The Bank of America Charitable Foundation Inc grant in FY2024?

The Bank of America Charitable Foundation Inc reported $216,309,069 in grants in its FY2024 IRS filing. Individual grant detail isn't itemized in the e-filed return we have — it's referenced on an attached schedule, or the latest filing isn't in our corpus yet.

Where is The Bank of America Charitable Foundation Inc based?

The Bank of America Charitable Foundation Inc is based in NC.

The Bank of America Charitable Foundation Inc

Foundation Dossiers Also receives grants — funding profile →

· Private foundation

The Bank of America Charitable Foundation Inc

This foundation accepts unsolicited grant applications.

$216M

Granted FY2024

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Grants

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Communities

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Largest

01What you fund

What you funded, over time

By grantee IRS cause code (NTEE).

A cause breakdown isn’t shown here: 54% of The Bank of America Charitable Foundation Inc’s grantee dollars go to organizations outside the IRS cause taxonomy (common for large international and research funders), so a chart would be mostly “unclassified” and misrepresent the portfolio.

02beneath the categories

Past the labels — and the year it shifted

Beneath the NTEE codes, this is what the grant descriptions actually say.

…and in their own words, year by year

2018

disease disocancer censuicide pretrustees pennshand reliefchildrens philadelpfox parkin

2019

disease disocancer cenfood metrolicatholic archdiocetrustees pennsrotary intsuicide pre

2020

cruelty animalsdisease disordersconference catholicchristian greaterfood metrolinadefense educationalprevention cruelty

2021

disease dissclerosis societresearch hospitacrohn's colitisjude's children'sresearch hosppfa

2022

research hospifox parkisclerosis societdefense educatchildren's researchdisease disfood metrol

2023

research hospfood metrosclerosis sociekitchen incorporatesclerosis asshumanity internationachildren's research

2024

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Words distinctive to each year’s grant purposes (TF-IDF) · event-driven terms in cyan.

03FY2024

Where the money goes

Your grants by size, and where they go.

Grant detail is referenced in an attached schedule not included in the e-file. Total reported in the filing: $216,309,069.

Median grant

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States reached

$10M

Total assets

02The need

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Your human-services grants (FY17–23, $21.6M) land where the poverty rate runs at 14% — the area typically sits at 10%. 81% of those dollars reach neighborhoods with above-average need. Most of your grants land in higher-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA, United Way ALICE — shown as context about the area, never attributed to your giving.

03Your edge

repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

78%of every dollar goes to organizations you’ve funded before.

$998M · 1843 repeat orgs$277M to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +59% since the first grant, against +38% for the ones you funded once.

1843 repeat relationships — 0 still active in FY2024, 1843 since wound down; 1 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

1843

156

Total granted

$998M

$60M

Median revenue growth · since first grant

+59%

+38%

Still filing today

76%

37%

New vs renewed · share of each year

In FY2024, 0% of grant dollars renewed an existing relationship; $216M went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

Human ServicesEducationArts & CultureCommunity ImprovementHousing & ShelterPhilanthropyOther

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.

Backed again, and grew

CA
CHARITIES AID FOUNDATION AMERICA
7× · 2017–2023 · $33M · revenue +449%
FF
FOUNDATION FOR THE CAROLINAS
7× · 2017–2023 · $24M · revenue +15%
FEEDING AMERICA
7× · 2017–2023 · $9.1M · revenue +77%

Funded once

UC
US CHAMBER OF COMMERCE FOUNDATIONgraduated
one grant, 2021 · $3.0M · revenue +38%
TC
THE COMMUNITY FOUNDATION FOR THE CSRAgraduated
one grant, 2020 · $2.5M · revenue +527%
TU
THE UNIVERSITY OF CONNECTICUT FOUN
one grant, 2021 · $2.0M

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

Coop Careers Inc

Building a movement of diverse, upwardly mobile college grads overcoming underemployment through digital skills and peer connections.

Education

Central Pennsylvania Food Bank

Fighting hunger, improving lives, strengthening communities.

Food & Nutrition

The Nasdaq Entrepreneurial Center Inc

Deliver world-class resources and mentoring to enable every entrepreneur across the globe to realize their maximum potential.

Arts & Culture

Washington Area Community Investment

To increase equity and economic opportunity by investing knowledge, social, and financial capital in low- and moderate-income washington area entrepreneurs.

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One Community Health

To advance health and social justice for all members of our community.

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Land Bank Twin Cities Inc

Land bank twin cities, inc. captures strategic real estate opportunities to benefit people with low to moderate incomes, prioritizing people of color and populations facing barriers.

Housing & Shelter

Community Housing Partnership

Providing affordable housing to underserved communities locally and around the world.

Housing & Shelter

Central Indiana Corporate

The central indiana corporate partnership (cicp) is transforming our regional economy, bringing together the ceos of central indiana's largest and most civically engaged employers and university presidents to advance "big picture"…

Community Improvement

Habitat for Humanity Capital Region

Bring people together to build homes, communities, and hope.

Housing & Shelter

Opportunity Partners

Opportunity partners is a nonprofit organization that advances the quality of life for over 1,000 adults with disabilities each year through employment, residential and enrichment services designed to help people succeed. our…

Employment

Goodwill Industries of

Goodwill provides exceptional opportunities for people facing employment barriers.

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Abilities Network Inc

To cultivate inclusive communities through relationships, innovation and high-quality services.

Health

For reference, the grantee most central to the portfolio’s shape is Groundwork Hudson Valley Inc and the most unlike its peers is Autry Museum of the American West. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.

the sector your giving your giving is ahead of the sector the sector’s ahead of you· dot size = how much the theme matters to each side

Ordered by the change in your giving — leaning in on top, pulling back at the bottom. The bar between the two dots is how out of step you are with the sector. Hover any row for detail.

Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.

Your grantees are a median of 29 years old; the field is 16. You back the established end — and your money leans older still.

The field is 22% startups (under 5 years old) — 2% of your grantees by number, and just 0% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.9% lost their exemption, against 12% of the field you don’t fund.

orgs you fund

0.9%347/39,127

the rest of the field

12%

205,819/1,780,438

Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.

05the grantee network

1468 grantees, every filing reconciled, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue.

Load-bearing (≥25% of a budget)

558

Early backer (in before they grew)

1454/1468

Grantees still filing

1200/1468

Grew since you first funded

Where your money sits — by cause, then by grantee

Other$793,859,218Philanthropy$111,066,902Human Services$88,849,025Education$85,218,739Arts & Culture$76,455,239Community Improvement$72,576,426Food & Nutrition$46,147,932

Each org by its size and your share of it — top-left is where you’re load-bearing

Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a loosely connected circle, clustered around a few shared anchors.

Merancas Foundation IncNC19.1× affinity90 shared granteesties to 7 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Merancas Foundation Inc · Charlotte Woman's Club First Citizens Bank · The Dickson Foundation Inc · The Leon Levine Foundation · Brighthouse Financial Foundation · The Presbyterian Hospital · Charles F and Esther M Frye Foundation · Milton and Hattie Kutz Foundation · The Marc & Mattye Silverman Family · The Gambrell Foundation · Ellice & Rosa McDonald Foundation · Shearwater Foundation Inc

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organisation The Bank of America Charitable Foundation Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal, a single department, or state — and drag the year to watch it move.

2024

’20’21’22’23’24

no gov moneyreceives it· size = income

15get no government money at all

4rely on government for over half their income

typical government reliance, FY20–24

Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.

05Through Plinth

Through Plinth

Your grantmaking, live and operational

This dossier was generated cold from public filings. In Plinth it’s a working system — every applicant assessed and every grant monitored. Here’s a taste, run on one of your grantees: HOUSING STABILITY ALLIANCE.

Agentic due diligence · confidence × risk

Financial management

low risk

~12 months of operating runway; revenue grew over 4 filed years.

Track record & reputation

medium risk

4 years of Form 990 filings, still active; revenue up 7.1× since.

Legal standing

low risk

US 501(c)(3); EIN 862581116 on file with current IRS Form 990 filings.

Governance

Live in Plinth

Board composition & governance documents — verified live in Plinth from the applicant.

Compliance & sanctions

Live in Plinth

OFAC / UN sanctions screening — run live in Plinth at assessment.

Program capacity

Live in Plinth

Staffing, M&E and activity alignment — assessed live in Plinth from submitted proposals.

Live · Plinth’s real DD engine

Run the actual assessment on HOUSING STABILITY ALLIANCE, cold from public data.

Generated live from public IRS filings + open web sources by Plinth’s agentic engine. Shown as an illustration of the product, not a formal assessment.

Post-award monitoring · continuous checks

On trackFinancial stability— Roughly 12 months of cash on hand.
On trackSustained operations— Filing through 2024; revenue grew over the period.
WatchReliance on your funding— Your grants peaked at 87% of their budget — load-bearing; a dependency Plinth would track.
Awaiting reportEvidence of delivery— Plinth collects the grantee's own monitoring reports post-award.

What you see here is static and public. In Plinth it’s operational — the full six-pillar framework on every applicant (with their own documents + live registry and sanctions checks), monitoring dashboards on every award, custom board reports, and eligibility routing for intake.

Agentic due diligenceMonitoring dashboardsCustom board reportsEligibility routing

Preview generated from this grantee’s public IRS filings and independent reporting. Pillars marked “live in Plinth” require the applicant’s submitted documents. Shown as illustration, not a formal assessment.

Warm introductions · Powered by PlinthPro

How do I get to The Bank of America Charitable Foundation Inc?

Find your warmest path to The Bank of America Charitable Foundation Inc through people who sit on both boards. Search for your organization and Plinth traces the introduction across shared trustees and officers.

Every link is a documented governance overlap in public IRS 990 filings — not a personal network — and each hop carries its own confidence tier. Low-confidence or distant paths are held back rather than guessed.

More from the funding graph

The regranting layer

51% of grant dollars pass through an intermediary

The DAF merry-go-round

$9.7B circulates between donor-advised funds

Strange bedfellows

the named clusters of US funding

The camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home

State money flows

the interactive map of money crossing state lines