Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

The Bank of America Foundation Sponsorship Program Grant

Status: ACTIVE
Funder: Bank Of America Charitable Foundation Inc
Last Updated: February 18, 2026

Summary

The Bank of America Foundation Sponsorship Program aims to enhance economic mobility and social progress in low- and moderate-income communities through partnerships with nonprofit organizations. This initiative focuses on critical areas such as workforce education, basic needs like food and housing, and community development. The Foundation invested $350 million last year and encourages employee volunteerism and giving, supporting nonprofits in various sectors, including arts, culture, and diversity initiatives.

Overview

We have strong partnerships with nonprofit organizations across the country that are working to advance economic mobility and social progress in low- and moderate-income communities. Our focus areas include basic needs like food and housing, workforce development and education, and community development. In addition to our philanthropic investments, we also encourage our employees to make a difference by offering robust employee giving and volunteering programs, including the opportunity to direct funds to organizations they support through volunteer efforts, and a matching gifts program that doubles their individual giving to causes they care about. Last year, we invested $350 million in the communities we serve, and employees contributed more than 1 million volunteer hours and directed $65 million through individual giving and matching gifts to support nonprofits. 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. Sponsorships supporting communities Bank of America welcomes your sponsorship proposal for opportunities that make our communities a better place to live and work. We are particularly interested in providing support to address needs vital to the health of our communities through a focus on: preserving neighborhoods;educating the workforce for 21st century jobs;addressing critical needs such as hunger and emergency shelter;arts and culture;the environment; anddiversity and inclusion programs. Grants are made at the Foundation’s discretion based on our current funding strategies focused on housing, jobs and hunger.

Eligibility

You can learn more about this opportunity by visiting the funder's website. 501(c)(3) nonprofit organizations are eligible to apply.

Ineligibility

Foundation grant requests should not include requests for payments in exchange for tangible benefits. Tangible benefits may include but are not limited to tickets, gifts, product placement, etc.

Focus Areas & Funding Uses

Fields of Work

nonprofitshungerfood-securityworkforce-developmenthousingartscommunity-development

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