Bofa Recognized as the Leading Provider of Outsourced Chief Investment Office Services ...

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. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Book-Lover Bill Gates Says Reading Inspired His Philanthropy
Foundation: Gates Foundation

When Bill Gates was a child, his parents banned him from bringing books to the dinner table, reports Mashable. His love of reading, however, has since led the Microsoft co-founder to create the...more

Sanders Appointed Dean of Baylor School of Music

One of the nation's top music schools has a new leader. Kevin Sanders, director of the Rudi E. Scheidt School of Music at the University of Memphis, will take over as dean of the Baylor...more

How Do International Climate Talks Impact the Philadelphia Region?

Delegates from almost 200 countries are meeting in Dubai this week for the 28th Conference of the Parties, or COP 28, which will focus on reducing greenhouse gas emissions and mitigating the effects...more

Un Climate Summit: Let'S Turn The Moment Into A Mobilization

"We need a global climate strategy, and it must be based on our best science, our best technology, and our best collaboration." So writes Andrew Revkin in the New York Times on the eve of the...more

Climate-Health Leading by Example Action Report (Chlear)

Climate change is already taking a heavy toll on public health around the world, and the Trump administration wants to make sure that doesn't get any worse, the New York Times reports. According...more

Uk Generates Billions in Climate Finance and First Crdc in Africa

The US, UK, and a host of other countries are putting their money where their mouth is to fight climate change, the New York Times reports. At the 28th Conference of the Parties to the United...more

Limitless Thinking in Climate Talks

The US plans to announce a global plan today to commercialize nuclear fusion as a substitute for fossil fuels, the New York Times reports. John Kerry says that after a recent breakthrough in...more

Avaana Climate Fund and Start-Up India Unveil 'Grand Challenge for Climatetech ...

In an effort to fight climate change, India's government is putting its money where its mouth is. Avaana Climate and Sustainability Fund, an early-stage venture capital firm specializing in...more

Cop28/Rewired Summit Event

Education is one of the best ways to combat climate change, according to a new World Bank report. In fact, "higher levels of education are associated with pro-environmental behaviors, preferences...more

Future-Proofing Health in a Changing Climate
Foundation: Gates Foundation

"Climate change is disruptive and we can look at that as a negative, but the eternal optimist." That was the message from Jennifer Gardy, deputy director of surveillance at the Bill and Melinda...more






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