How much did The Bank of America Charitable Foundation Inc grant in FY2023?

Human Services$350MEducation$238MHousing & Shelter$169MCommunity Improvement$160MHealth$129MArts & Culture$122MFood & Nutrition$113MPhilanthropy$111MOther$0

02FY2023 · 58994 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2023

Under $10k55332 grants · $40M
$10k–50k2669 grants · $53M
$50k–250k860 grants · $78M
$250k+133 grants · $55M

$385

Median grant

States reached

$10M

Total assets

Largest grants
Recipient	Amount
ATRIUM HEALTH FOUNDATION	$2,500,000
AMERICAN HEART ASSOCIATION INC	$2,500,000
CLOSE UP FOUNDATION	$1,715,000
AMERICAN CANCER SOCIETY - GEORGIA	$1,562,500
AMERICAN DIABETES ASSOCIATION A	$1,562,500
UNIDOSUS	$1,425,000
LOCAL INITIATIVES SUPPORT CORPORA	$1,300,000
ENTERPRISE COMMUNITY PARTNERS INC	$1,250,000
FEEDING AMERICA	$1,000,000
THE OBAMA FOUNDATION	$1,000,000
CHARITIES AID FOUNDATION AMERICA	$1,000,000
CHARLOTTE SYMPHONY ORCHESTRA SOCI	$1,000,000
NAACP EMPOWERMENT PROGRAMS INC	$1,000,000
JOHNSON C SMITH UNIVERSITY INCORP	$1,000,000
NATIONAL URBAN LEAGUE INC	$1,000,000

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, $28.8M) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 84% of those dollars go to grantees based in above-average-need neighborhoods. 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 linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your grants reach

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 — 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.

96%of every dollar goes to organizations you’ve funded before.

$1.0B · 1847 repeat orgs$45M to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +62% since the first grant, against +43% for the ones you funded once.

1847 repeat relationships — 1367 still active in FY2023, 480 since wound down; 39 grantees were first funded in FY2023 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

1847

Total granted

$1.0B

$29M

Median revenue growth · since first grant

+62%

+43%

Still filing today

87%

57%

New vs renewed · share of each year

In FY2023, 88% of grant dollars renewed an existing relationship; $15M went to new ones.

RenewedFirst-time

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

Human ServicesEducationArts & CultureHousing & ShelterCommunity ImprovementFood & NutritionOther

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

HF
HABITAT FOR HUMANITY INTERNATIONAL INC
7× · 2017–2023 · $12M · revenue +48%
AN
American National Red Cross & Its Constituent Chapters and Branches
7× · 2017–2023 · $11M · revenue +46%
Feeding America
7× · 2017–2023 · $10M · revenue +84%

Funded once

UC
US Chamber of Commerce Foundation
one grant, 2021 · $3.0M · revenue -27%
TU
THE UNIVERSITY OF CONNECTICUT FOUN
one grant, 2021 · $2.0M
AC
AMERICAN CANCER SOCIETY INC - GEOR
one grant, 2022 · $1.6M

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.

—

One Community Health

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

—

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.

—

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.

04the grantee network

1702 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 1702 of the 2,000 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

Load-bearing (≥25% of a budget)

432

Early backer (in before they grew)

1690/1702

Grantees still filing

1384/1702

Grew since you first funded

Where your money sits — by cause, then by grantee

Philanthropy$115,559,970Other$220,457,223Education$52,670,992Community Improvement$45,743,991Arts & Culture$43,438,504Human Services$34,902,912International$34,312,284

Showing your 200 largest grantees by grant value.

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 IncNC19.4× affinity120 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 · Brighthouse Financial Foundation · Womens Impact Fund · The Marc & Mattye Silverman Family Foundation · Nucor Charitable Foundation · The Gambrell Foundation · The Presbyterian Hospital · The Maryellen S Willis Charitable Trust · Chichester Dupont Foundation Inc · Shearwater Foundation Inc · Milton and Hattie Kutz Foundation

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 organization 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

’20’21’22’23’24’25

no gov moneyreceives it· size = income

12get no government money at all

45report government grants on their 990 we could not trace to a source (not plotted)

4rely on government for over half their income

typical government reliance, FY20–25

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: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. 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

Warm introductions · Powered by PlinthPlus

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 trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

More from the funding graph

The unnamed billions

grants reported with no recipient in the public record

The regranting layer

51% of grant dollars land in the regranting layer

The DAF merry-go-round

$9.7B circulates between donor-advised funds

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