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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.
Foundation: Minneapolis Foundation
A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more
Future Fabrics Expo 2025 is a sourcing and knowledge platform for sustainability in textiles and materials.New participants include RE-SOLVE Lab presenting circular solutions for fashion and...more
Kenya has four primary motor vehicle assemblers: Associated Vehicle Assemblers (AVA) in Mombasa, Kenya Vehicle Manufacturers (KVM) in Thika, Isuzu East Africa Limited (ISUZU) in Nairobi and...more
The Venice Architecture Biennale 2025 is about how architecture needs to adapt to climate change.Tosin Oshinowo's award-winning installation is inspired by Lagos markets, where discarded Western...more
African Island States Advance Ocean Partnerships and Finance Innovation at UN Ocean Conference | United Nations Economic Commission for Africa You are hereHome " Stories " African Island states...more
Morgan Stanley Climate Fund Invests $30 million in Methane Emissions Management Platform Insight M.Insight M is an energy sector-focused methane management solutions provider.The investment was made...more
"You also increase the likelihood of having severe sleep apnea by 40%," lead author says.The study used about two years of sleep data from more than 125,000 people worldwide.The risk of having a...more
The Fourth International Conference on Financing for Development (FFD4) presents a critical opportunity to reform financing at all levels.UNDP will host a side event at FFD4 in Seville titled "From...more
U.S.industrial emissions have been mostly unchanged, in part because of coal, gas and oil.EU's new Carbon Border Adjustment Mechanism imposes a tax on the emissions associated with imported steel,...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.