RFP: Economic mobility focused on the needs of individuals and families

Bank of America Charitable Foundation

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Anticipated deadline: Feb 21, 2021

Grant amount: Unspecified amount

Fields of work: Supportive Housing & Shelters Homeownership Food Delivery & Distribution Services Career/College Preparation Tutoring & Mentoring Basic Human Needs Homelessness Services Workforce Preparation & Job Readiness Entrepreneurship Vocational & Trade Education Poverty Alleviation & Services Academic Success & Enrichment Show all

Applicant type: Nonprofit, Government Entity

Funding uses: General Operating Expense, Education / Outreach, Project / Program

Location of project: District of Columbia, Idaho, Iowa, Maine, New Hampshire Show all

Location of residency: District of Columbia, Idaho, Iowa, Maine, New Hampshire Show all

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About this funder:

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Overview:

RFP: Economic mobility focused on the needs of individuals and families

We focus on the economic mobility of individuals and families by investing in workforce development & education and addressing basic needs.

Today, more than 40 million people are living in poverty and struggling to make ends meet. Many working families are still forced to make tough spending decisions. Access to basic needs (e.g., food, shelter, affordable childcare, transportation) and the ability to find meaningful employment are challenges faced by many. That’s why we partner with nonprofits that are working to alleviate poverty and create pathways to economic success.

Funding Priorities and Examples

Basic Needs

We support nonprofit organizations that meet low-to-moderate income individuals and families at their point of need and help them remove barriers to economic opportunities. We recognize that vulnerable communities face a variety of challenges– from putting food on the table to trauma caused by domestic violence and living with drug addiction– resulting in diverse needs that can be addressed only by a variety of critical programs and services.

Examples:

  • Hunger relief - local food banks, soup kitchens, school- and after-school-based child feeding and nutrition programs that provide free or subsidized food 
  • Services for the homeless - programs and services that prevent or end homelessness, such as rental assistance, emergency shelter, rapid-rehousing, and permanent supportive housing, including Housing First
  • Family Stabilization and Crisis Prevention - affordable or subsidized care, transportation, mental health counseling, drug addiction rehabilitation, financial health education and coaching.

Creating a more diverse and inclusive workforce

Employment and education are powerful levers that connect individuals to economic success. We’re connecting the most vulnerable individuals to the training, education and support they need to obtain a meaningful job and build their careers. We focus on three strategies to connect people to the workforce: youth employment, alternative employment pathways, supportive services and life-skills programs that help individuals overcome and remove barriers to employment and set them on a path to improve their financial lives and create a better future.

Examples: 

  • Youth employment - high-school completion programs, skills-training (hard and soft skills), first-time employment, internship, apprenticeship, and mentoring; 
  • Alternative employment pathways - job preparedness, training, skill building, college or vocational certification, career counseling, placement, job retention, and entrepreneurship leading to livable wage jobs;
  • Removing extraordinary barriers to employment - comprehensive support services and life skills programs that help individuals overcome extraordinary barriers to employment. This includes workforce social enterprise and other transitional or sheltered workplace environments for individuals such as persons with disabilities, formerly incarcerated or court involved.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • To be considered for a local grant, your organization:
    • Must be tax-exempt under section 501(c)(3) of the Internal Revenue Code and not classified as a private foundation
    • Must be based and serve communities in these markets
    • Should be aligned with our funding priorities of community development, education and workforce development and critical needs.

Ineligibility:

  • The following organizations are not eligible for funding:
    • Organizations that deny service to a potential client or beneficiary on the basis of race, religion, color, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, veteran, or disability status
    • Individuals, including those seeking scholarships or fellowship assistance
    • Political, labor, fraternal organizations, or civic clubs
    • Religious organizations (for example, churches and synagogues). Some secular community service programs such as soup kitchens, shelters for the homeless, and job banks are eligible, even when sponsored by religious groups.
    • Individual pre-K-12 schools (public or private)
    • Sports, athletic events, or athletic programs
    • Travel-related events, including student trips or tours
    • Development or production of books, films, videos, or television programs
    • Memorial campaigns

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