In 1961, Sarasota, Florida, Bank and Trust Company (now Bank of America) formed the Bank of America Client Foundation to support charitable endeavors in the local area. The Foundation is set up with funds from several donors with varying interests. The Foundation typically makes grants to local Sarasota organizations with a successful track record.

Support is given to arts, community, natural science, historic preservation, education, and human service organizations.

The Foundation limits its funding to organizations working in Sarasota County, Florida, and the state of Delaware.