The Lloyd G. Balfour Foundation was established in 1973 and is managed by Bank of America’s Philanthropic Solutions unit. Its grantmaking activities reflect the interests and legacy of Mr. Lloyd G. Balfour, with three primary areas of focus. These include providing educational scholarships to employees of the Balfour Company and their descendants, supporting organizations in Attleboro, Massachusetts—particularly those offering education, health care, and human services for underserved populations—and funding educational institutions throughout New England.
Scholarships are offered through the Attleboro Scholarship Foundation and are specifically for Balfour Company employees, their children and grandchildren, and deserving students from Attleboro High School. For details on scholarship applications, applicants must contact Ms. Wendy Holt, Executive Director of the Attleboro Scholarship Foundation, via phone.
Organizations serving the city of Attleboro can apply for grants with a submission deadline of March 1 each year. These grants target nonprofits that deliver educational, human services, and health care programs for underserved residents of Attleboro. Applicants under this category receive notification of decisions by July 31.
Educational institutions can apply for funding with deadlines on June 1 and November 1. The focus here is on supporting programs that enable underserved or underrepresented populations to access and succeed in higher education. While general operating support requests are permitted, organizations with operating budgets exceeding $10 million are discouraged from applying for such support. Additionally, general operating support is not available to public schools or public charter schools. Programmatic requests may include minor capital expenses, and multi-year funding is encouraged.
Special consideration is extended to institutions named in Mr. Balfour’s will. These include Sigma Chi Foundation, the Inter-Fraternity Conference Foundation, Indiana University, Phi Delta Phi Foundation, Massachusetts Institute of Technology, Culver Military Academy, and the University of Notre Dame. The foundation’s grant process follows specific procedures outlined in a Massachusetts-specific document found in the application section online.
For questions or to discuss the application process, potential applicants can email ma.grantmaking@bofa.com with the foundation name in the subject line. Applications must be submitted through Bank of America’s online platform by the relevant deadlines, and award notifications follow a specified schedule depending on the application category and date.
