Frequently Asked Questions

Applications are reviewed on an ongoing basis throughout the year. Decisions depend on the number of applications under review by your local market leadership team.

The majority of our local grant making programs have no deadline; applications are reviewed throughout the year at regularly scheduled local market leadership meetings.

Applications will be accepted for our Neighborhood Excellence Initiative® as follows:

• Neighborhood BuildersJanuary 1, 2010 through June 30, 2010 (8 p.m. ET)
• Local HeroesJanuary 1, 2010 through June 30, 2010 (8 p.m. ET)
• Student Leaders^*January 1, 2010 through February 26, 2010 (11 p.m. ET)

You may apply as many times as you'd like throughout the year, but only one grant will be awarded to each organization in a calendar year. The only exception is that an organization can be awarded a Neighborhood Excellence Initiative grant as well as a local grant.

If you have an electronic version of your organization's financials, it needs to be attached to your online application. If you do not have an electronic version of your financials, please proceed with the online application process and someone will contact you about your financials. You should not contact anyone.

We put most control of corporate philanthropy in the hands of our local executives who know best how to serve and support their communities. Local market leadership teams meet regularly to evaluate applications and make funding decisions.

Applications are reviewed on an ongoing basis throughout the year. Decisions depend on the number of applications under review and the timing of local market leadership team meetings. Our local leadership teams work hard to make timely decisions and communicate those decisions as quickly as possible.

Bank of America's $200 million in annual charitable giving is one of the world's largest, and its $2 billion, 10-year goal for philanthropic giving beginning in 2009, is unprecedented.

Bank of America's local business leaders work hand-in-hand with their community leaders to determine which needs are most urgent. Our goal is to be responsive to individual communities' specific needs and be engaged in sustainable problem-solving.

We support most tax-exempt, nonprofit organizationsView Corporate Philanthropy's Local Grants that are recognized by the Internal Revenue Service under Section 501(c)(3), serve communities located across our franchise, and align with our local Community Funding Priorities.

The Corporate Philanthropy budget is set once a year. A significant portion of our funding is directed to our local executives who are instrumental in determining how the funding best serves their communities.

It's easy to apply. Simply complete an online application. Qualified organizations should complete the eligibility quiz, to understand better if their organization's programs align with Bank of America's Community Funding Priorities.

Yes. Due to the large volume of requests we receive, Bank of America can consider only those proposals aligned with our Community Funding Priorities and located in the states where we do business. Once submitted, your application will be directed to the appropriate local leadership team for review. This team will review all applications submitted and will respond as quickly as possible.

For information on Matching Gifts and Volunteer Grants, call 1.800.218.9946, weekdays, 8 a.m. to 8 p.m. ET.

For information on Joe Martin Scholarships, call 1.800.537.4180, weekdays, 8 a.m. to 3 p.m. ET.