Private Funder: Bank of America (BOA); Opportunity: 2017 foundation grants; Funding Focus: Housing, infrastructure, education and community development; Geographic Focus: Multi-state (BOA is a national concern with branches in most states); Eligibility: Nonprofits, student-led projects; Funding: Grants range to $200,000 each (the foundation made $175 million in grants last year). Deadline: Varies by program (the next round of funding is to open in January).
Summary: Grants focus on preserving neighborhoods, education and addressing critical needs, such as child hunger. The community development program supports housing and affordable housing efforts. It also assists nonprofits and cultural institutions that provide economic opportunity and contribute to the vitality and livability of communities. The bank’s critical needs grants help nonprofits provide basic necessities for underserved families and children. Support can range from immediate human needs such as food and shelter, to addressing financial wellness and stability issues facing low-income communities such as access to benefits and resources. Priority goes to food banks, soup kitchens, school- and after-school-based child feeding and nutrition programs.