Bank of America Charitable Foundation – Jun 21

Posted by Bank of America Charitable Foundation on June 11, 2024

Bank of America Charitable Foundation invites applications for community needs

The Bank of America Charitable Foundation works to develop strong partnerships with nonprofit organizations to address issues fundamental to economic mobility and social progress in low- and moderate-income communities.

The foundation invites proposals that address economic mobility focused on the needs of the community.

For the June 22, 2024, deadline, the foundation is accepting proposals in the following categories:

Affordable Housing: Examples include development for vulnerable populations through the construction or preservation of affordable single, multi-family, transitional, and supportive housing; minority homeownership programs; pathways to stable housing or homeownership through financial habits and stability efforts such as homebuyer education, budgeting, savings, and credit counseling, including eviction and foreclosure prevention; and sustainable development efforts creating healthy living environments through energy efficiency upgrades, retrofits, solar, and other green building efforts.

Small Business Resiliency: Examples include technical assistance in support of organizations that deliver training to entrepreneurs as they start up, grow, and expand their business; nonprofits that connect entrepreneurs with access to essential growth capital; support incubators and accelerators providing mentors, resources, and networks that entrepreneurs need to launch, fund, and grow their businesses; and operational capacity of CDFIs delivering essential growth capital to entrepreneurs.

Neighborhood Revitalization: Examples include revitalization, preservation, and stabilization initiatives that engage community stakeholders in building livable communities; transit-oriented development efforts that connect individuals to jobs, services, schools, and economic opportunity; community arts and cultural institutions that provide economic opportunity and contribute to the vitality and livability of communities; economic development efforts that help promote healthy commercial corridors; communities supporting short and long term plans to prepare, withstand, and recover from extreme weather events and the long-term impacts of climate change; environmental efforts through the preservation, creation or restoration of open space, parks, and community gardens; and support for organizations/initiatives that bring energy efficiency and renewable energy advances to diverse communities.

For complete program guidelines and application instructions, see the Bank of America Foundation website.

Deadline: June 21, 2024