G. A. Ackermann Memorial Fund
/OVERVIEW: The G. A. Ackermann Memorial Fund supports health, human services and religion in New York City.
FUNDING AREAS: Health, human services, religion
IP TAKE: As a foundation that is managed by Bank of America, this New York City-focused funder has a straightforward application process that is accessible once per year.
PROFILE: Established in 1937, the G. A. Ackermann Memorial Fund is a private foundation that is managed by Bank of America Philanthropic Solutions. Mrs. Mary A. Ackermann created this foundation in her will to support “charitable organizations operated or controlled by the Roman Catholic church and/or its members, or charitable organizations operated or controlled by a Protestant Church and/or its members.” It funds local efforts for health, human services and religion.
The G. A. Ackermann Memorial Fund prioritizes the needs of underserved populations for all of its grantmaking activity. It gives special consideration to hospitals when reviewing new grant requests. The funder only awards general operating support to organizations with operating budgets less than $1 million. Most Ackermann grants are for program support. Meanwhile, the funder considers multi-year funding requests to built the capacity of local nonprofit organizations. However, it does not typically award grants for endowment campaigns, research, individuals or capital projects.
Grants range between about $15,000 and $125,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on New York City and Chicago. Grantees must be located within the city limits of one of these two cities. Past local grantees include Cabrini Immigrant Services of New York City, Cristo Rey New York High School and the Union Theological Seminary in the City of New York.
This foundation accepts unsolicited grant applications from nonprofits. The annual grant application deadline is June 1, and the funder notifies applicants of its decisions by December 31. Direct general questions to the staff at ilgrantmaking@bankofamerica.com or 312-828-8166.
PEOPLE:
Search for staff contact info and bios in PeopleFinder (paid subscribers only).
LINK:
