Bank of America Client Foundation
Bank of America Client Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $12.4M in total assets. In 2025, it awarded 1 grant totaling $1.4M. Net investment income was $1.2M.
Bank of America Client Foundation at a glance
In short: Bank of America Client Foundation gave $1.4M across 1 grant in 2025 (avg $1.4M), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,370,000
- +63.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,370,000
- +63.0% vs 2024
- Median grant
- $1,370,000
- Total assets
- $12,375,353
- -2.6% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Bank of America Client Foundation
Open Grants
1 open opportunity from Bank of America Client Foundation
Who Bank of America Client Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was See Supplemental Schedule ($1.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
How Bank of America Client Foundation gives
- Giving grew 33% from 2022 to 2025. Method
- In 2025 it paid out 134% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $841K (2024) to $1.4M (2025). In 2025 it made 1 grant totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Supplemental Schedule Various, FL | General | $1,370,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $12,375,353 | $1,376,002 | $1,705,442 | $1,370,000 | 1 | $1,501,846 | $1,172,406 | $1,121,052 |
| 2024 | $12,704,781 | $1,635,181 | $1,130,968 | $840,663 | 1 | $966,368 | $1,470,581 | $1,061,284 |
| 2023 | $12,191,986 | $818,274 | $1,152,301 | $869,445 | 1 | $981,975 | $670,879 | $975,500 |
| 2022 | $12,528,171 | $935,443 | $1,294,273 | $1,029,518 | 1 | $1,142,896 | $789,280 | $1,009,480 |
| 2021 | $12,882,092 | $-562,932 | $1,176,182 | $911,471 | 1 | $1,029,352 | $553,020 | $1,066,642 |
| 2020 | $14,621,867 | $674,389 | $1,145,128 | $877,648 | 1 | — | $541,541 | $939,801 |
Under IRS private-foundation payout rules, Bank of America Client Foundation reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bank of America Client Foundation's only listed officer is Bank Of America NA, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Bank Of America NA
Trustee
On filings since 2020
1 hr/week
$175K (2020) → $221K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $221K, to Bank of America NA (Trustee).
Frequently asked questions about Bank of America Client Foundation
How much does Bank of America Client Foundation give each year?
Bank of America Client Foundation gave $1.4M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $841K across 1 grant.
How large is Bank of America Client Foundation?
Bank of America Client Foundation reported $12.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
Where does Bank of America Client Foundation operate?
Bank of America Client Foundation has awarded grants in Florida.
What is Bank of America Client Foundation's EIN?
Bank of America Client Foundation's EIN (Employer Identification Number) is 59-6142753. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bank of America Client Foundation's focus areas in our free grants database
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Figures come from Bank of America Client Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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