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Bank of America has been named the largest outsourced chief investment office (OCIO) for foundations and endowments in the US by Pensions & Investments.
BofA's OCIO services include strategic consulting, administrative services, and portfolio management.
"This is an important and growing business, which has increased significantly in recent years," Jennifer Chandler, head of Philanthropic Solutions at Bank of America Private Bank, says in a press release.
"This growth can be attributed to our team's ability to address the increasing demands placed on nonprofit leaders by going beyond investment management to offer strategic consulting and advisory services."
BofA was also recently recognized as the Best Private Bank Philanthropy Offering or Initiative in the Americas by WealthBriefing Wealth for Good Awards.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Regional capabilities in biotechnology and horticultural sciences are beginning to transfer into the South and Central American and Caribbean cleantech innovation ecosystem.This development will...more
Idaho dairy industry targets net zero by 2050, any solutions must consider Idaho.Dairy farmers can tap into significant revenue streams through programs like California's Low Carbon Fuel...more
A recent $345 million federal investment aims to drive impactful reductions.The initiative assists small oil and gas operators, Tribal entities, and other stakeholders in reducing, monitoring, and...more
Impact Pioneers Network, a first-of-its-kind impact investing network, underscores the importance of making funding options more accessible to Filipino climate entrepreneurs.The Network, together...more
The Italian fashion sector, contributing 5% to GDP, must embrace sustainability, innovation, and growth to stay globally competitive, according to a CDP report.The study highlights the...more
A decade of impact: Exploring Full Vision Capital's climate tech investments | KrASIA features.Chan: "Climate tech investment is not just a business it's about the planet and every individual of the...more
Creative Australia has announced the appointment of Leisa Bacon as its new Executive Director, Development and Partnerships.Bacon brings over 20 years of executive leadership experience in major...more
There is an estimated global climate investment gap of USD 6.1 trillion per year by 2030.Annual climate investments must increase fivefold to keep global temperature rises within 1.5 C by the end of...more
Daring Capital is an impact investing syndicate.Its mission is to invest in underrepresented founders building for-profit companies.These include individuals facing poverty, discrimination, or lack...more
The cultural festival organised by NAFEST had the various troupes in the country in participation, with the team from Anambra, in an amazing performance and cultural skills, emerging the most...more
Social Entrepreneurship
Spotlight
Hexham Social Enterprise Launches Workshop to Provide Training for the Unemployed
A Gilesgate-based shop and community facility, Hexham’s Core Music, launches a separate workshop where up to six people will be trained how to repair guitars and make ukuleles. The European Social Fund grant supported the project and has secured funds through the County Durham Communication Foundation to equip the workshop in Burn Lane.
