The Kendrick Foundation was founded in 1977 by E. Gretchen Kendrick of Brookline, Massachusetts, to promote the dissemination of the Gospel of Jesus Christ. Managed by Bank of America's Philanthropic Solutions division, the Foundation primarily supports charitable organizations that spread the Gospel throughout the United States. Funding is focused on organizations utilizing radio or television broadcasts or equivalent electronic media technologies deemed feasible by the Foundation’s trustees.

The Foundation prioritizes funding requests from financially sound organizations that demonstrate the capability to reach large audiences, especially through radio, television, or electronic means. Preference is also given to organizations reaching audiences who have not previously had access to such programming. A significant portion of each year's grants is allocated toward the purchase of broadcast and recording equipment. The trustees favor proposals that request either full funding for equipment or partial funding where the applicant has already secured the balance. Additionally, development and production costs associated with specific broadcast programs are considered for funding.

The application deadline for the Kendrick Foundation is June 1, with decisions made by the Trustees following the deadline. Applicants are notified of funding decisions by the end of August. The typical grant award ranges between $2,500 and $10,000. The trustees aim to achieve a geographic balance across the continental United States in their funding distribution. Due to limited available funds and a large applicant pool, the Foundation practices rotating its support among qualified organizations from year to year.

The application process details and submission instructions are available through documents linked on the Foundation’s webpage. The Kendrick Foundation is managed through Bank of America’s Connecticut grantmaking office. Applicants may contact the grant office for inquiries at ct.grantmaking@bofa.com, ensuring that the foundation name is included in the email subject line.

Bank of America, N.A., Member FDIC, provides banking and trust services, while its affiliates, including Merrill Lynch, Pierce, Fenner & Smith Incorporated, may offer brokerage and investment services. It is noted that investment and insurance products are not FDIC insured, not bank guaranteed, and may lose value.