NonprofitsBank Of America Charitable Gift Fund

Philanthropy, Voluntarism & Grantmaking Foundations

Bank Of America Charitable Gift Fund

BOSTON, MA

Total revenue

$1.7B

Total expenses

$993.6M

Net assets

$5.0B

Grants received

$405.0M

315 grants

EIN

046010342

Tax year

2024

Mission

A public charity that makes grants on behalf of individuals and families who create donor advised funds

Programs

1 program

Bank of america trustee fees

Expenses: $9.6M

Financials

FY 2024

Revenue

Contributions & grants$1.5B
Program service revenue
Investment income$174.7M
Other revenue
Total revenue$1.7B

Expenses

Grants paid$969.5M
Salaries & benefits
Fundraising
Other expenses$24.1M
Total expenses$993.6M
Total assets$5.1B
Net assets$5.0B

People

1 listed

NameRoleCompensation

BANK OF AMERICA

TRUSTEE

Board

$24.1M

Grants received

Showing 200 of 315

FromAmountPurposeYear
$19.2M
UNRESTRICTED
2024
$3.1M
TRUSTTO SUPPORT THE TRUST IN ITS CHARITABLE PURPOSE.
2024
$3.0M
PHILANTHROPY
2024
$2.2M
CAPITAL SUPPORT
2024
$2.1M
Public, Societal Benefit
2024
$2M
2024 PAYOUT TO SIBLING DAF'S - FOR KAREN DAVIS CALICO CAT FUND
2024
$1M
GENERAL FUND
2024
$1M
2 grant(s) for varying purposes
2024
$605K
DONOR ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT
2024
$573K
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
2024
$500K
GENERAL SUPPORT
2024
$400K
Anthony and Susan Consigli DAF
2024
$393K
COMMUNITY & HUMAN SERVICES
2024
$313K
GENERAL UNRESTRICTED
2024
$310K
CHARITABLE PURPOSE
2024
$250K
GENERAL CHARITABLE PURPOSES
2024
$130K
MATCHING GIFTS
2024
$125K
GENERAL SUPPORT
2024
$116K
PROJECT/PROGRAM SUPPORT
2024
$115K
EXEMPT PURPOSE OF ORGANIZATION
2024
$94K
Ajaib & Sukhninder Bhadare Donor Fund
2024
$89K
CHARITABLE CONTRIBUTION
2024
$77K
Unrestricted Charitable Gift
2024
$75K
TO BE ALLOCATED TO THE EMANUEL J PETRU FUND, A DONOR ADVISED FUND
2024
$67K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$64K
COMMUNITY & HUMAN SERVICES
2024
$56K
CLOSING GRANT TO THE THE CHRIS & JENNY BARTLOW CHARITABLE GIFT FUND, FINAL CLOSING GRANT TO THE CHRIS & JENNY BARTLOW CHARITABLE GIFT FUND
2024
$43K
Unrestricted Charitable Gift
2024
$34K
PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
2024
$25K
GENERAL OPERATING SUPPORT
2024
$24K
General & Unrestricted
2024
$21K
DISSOLUTIONREMAINING CASH TO DONOR ADVISED FUND
2024
$18K
UNRESTRICTED
2024
$10K
ARISE AND SHINE DONOR ADVISED FUND
2024
$2K
GENERAL SUPPORT
2024
$22.3M
For grant recipient's exempt purposes
2023
$14.9M
UNRESTRICTED
2023
$8.7M
PUBLIC, SOCIETAL BENEFIT
2023
$7.3M
GENERAL PURPOSE
2023
$6.7M
CULTURE & ARTS
2023
$3.8M
TO SUPPORT THE BUNDRANT CHARITABLE GIVING FUND.
2023
$2.9M
FUNDING DONOR ADVISED FUNDDISSOLUTION
2023
$2.8M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$2.0M
DONOR ADVISED FUND
2023
$1.8M
PHILANTHROPY
2023
$1.6M
UNRESTRICTED GENERAL SUPPORT
2023
$1.5M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1.4M
UNRESTRICTED GENERAL
2023
$1.2M
DESIGNATED FOR THE CRUNK FAMILY CHARITABLE FUND
2023
$1.2M
ENDOWMENTS, DONOR ADVISED FUNDS (DAFS), RESTRICTED GIFTS, AND STRATEGY AND IMPACT
2023
$1.2M
DISTRIBUTION OF REMAINING ASSETS OF THE ORGANIZATION UPON DISSOLUTION.
2023
$1.1M
COMMUNITY & HUMAN SERVICES
2023
$1.1M
PROGRAM SUPPORT
2023
$1M
GENERAL FUND
2023
$1M
2023 PAYOUT TO SIBLING DAF'S, KAREN DAVIS CALICO CAT ACCT
2023
$989K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$956K
CLOUD NINE FUND
2023
$850K
TO SUPPORT CHARITIES THAT PROMOTE SOCIAL ENTREPENEURSHIP, SCIENCE AND ENTERPRISE.
2023
$811K
COMMUNITY & HUMAN SERVICES
2023
$534K
DONOR ADVISED FUND
2023
$427K
ADVANCING PHILANTHROPHIC ENDEAVORS & FURTHERING THE EXEMPT PURPOSE OF THE LEONARD & CARYL SHAPIRO FAMILY FOUNDATION.
2023
$395K
TO PROVIDE FUNDING FOR SUPPORTED CHARITIES
2023
$344K
VARIOUS PROJECTS
2023
$270K
EDUCATION AND RELIGION
2023
$240K
GENERAL SUPPORT
2023
$205K
DONOR ADVISED FUND ACCOUNT TRANSFER
2023
$205K
General & Unrestricted
2023
$200K
GENERAL SUPPORT
2023
$161K
GENERAL OPERATING SUPPORT
2023
$150K
UNRESTRICTED GENERAL
2023
$142K
PHILANTHROPIC ACTIVITY
2023
$133K
DONOR ADVISED FUND FOR VARIOUS CHARITABLE ORGANIZATIONS
2023
$118K
General support for programs, operations and other charitable purposes
2023
$106K
TRUSTTO SUPPORT THE TRUST IN ITS CHARITABLE PURPOSE.
2023
$100K
TO FUND AND SUPPORT THE GOALS OF VARIOUS CHARITIES
2023
$86K
UNRESTRICTED GIFT
2023
$75K
GENERAL OPERATIONS
2023
$71K
Ajaib & Sukhninder Bhadare Donor Fund
2023
$55K
TO FURTHER RECIPIENT'S TAX-EXEMPT PURPOSE
2023
$50K
DISTRIBUTION TO PUBLIC CHARITIES
2023
$25K
GENERAL SUPPORT
2023
$25K
PHILAN/VOL/GRANT
2023
$21K
UNRESTRICTED USE TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
2023
$18K
General & Unrestricted
2023
$14K
GENERAL SUPPORT
2023
$11K
SUPPORT OF MISSION
2023
$10K
JILL KEMP MEM FUND BREAST
2023
$7K
TO SUPPORT CLOUD NINE FUND
2023
$6K
CHARITABLE DONATION
2023
$5K
OPERATIONAL SUPPORT
2023
$5K
OPERATIONAL
2023
$38.2M
UNRESTRICTED
2022
$14.1M
For grant recipient's exempt purposes
2022
$8.9M
PUBLIC, SOCIETAL BENEFIT
2022
$4.6M
The Elephant Legacy Fund, Bruce L. Rastetter Donor Advised Fund
2022
$2.2M
FOR GENERAL SUPPORT
2022
$2.2M
UNRESTRICTED GENERAL SUPPORT
2022
$1.6M
PHILANTHROPY
2022
$1.4M
PUBLIC, SOCIETAL BENEFIT
2022
$1.4M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$1.3M
UNRESTRICTED GENERAL
2022
$1.2M
GENERAL FUND
2022
$1.1M
UNRESTRICTED
2022
$953K
COMMUNITY & HUMAN SERVICES
2022
$582K
GRANT TO DAF
2022
$500K
TRI-R FUND
2022
$500K
HENSLEY FAMILY FUND
2022
$500K
THE AMBIENT ELETROMAGNETIC
2022
$477K
MORNINGSTAR DONOR FUND
2022
$449K
TO SUPPORT CHARITIES THAT PROMOTE SOCIAL ENTREPENEURSHIP, SCIENCE AND ENTERPRISE.
2022
$416K
TO CONTIBUTE TO NON-PROFITS.
2022
$352K
COMMUNITY & HUMAN SERVICES
2022
$350K
TO PROVIDE FUNDING FOR SUPPORTED CHARITIES
2022
$340K
TO CONTIBUTE CASH TO NON-PROFITS.
2022
$265K
Donor Advised Fund to support and fund cancer research, education and other initiatives.
2022
$239K
General & Unrestricted
2022
$210K
GENERAL SUPPORT
2022
$200K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$180K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$160K
GENERAL SUPPORT
2022
$152K
UNRESTRICTED GENERAL
2022
$150K
GENERAL SUPPORT
2022
$150K
GENERAL OPERATIONS
2022
$138K
GENERAL SUPPORT
2022
$119K
UNRESTRICTED GIFT
2022
$105K
SPECIAL PROGRAMS
2022
$100K
DONOR ADVISED FUND - BARACH
2022
$100K
THE SMITH FAMILY FUND
2022
$100K
JASON AND DEVON HENSLEY
2022
$100K
PROVIDE FUNDS FOR THEIR CHARITABLE PURPOSES
2022
$100K
ALPHA LAUD DEUS FUND
2022
$95K
OPERATIONS
2022
$86K
PHILAN/VOL/GRANT
2022
$82K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$70K
TRUSTTO SUPPORT THE TRUST IN ITS CHARITABLE PURPOSE.
2022
$70K
Ajaib & Sukhninder Bhadare Donor Fund
2022
$66K
TO ENABLE THE CHARITY TO PERFORM ITS CHARITABLE FUNCTION
2022
$59K
UNRESTRICTED GENERAL
2022
$54K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2022
$54K
FOR THE SWARUP RUBENSTEIN FAMILY FUND
2022
$50K
TO FURTHER RECIPIENT'S TAX-EXEMPT PURPOSE
2022
$48K
PHILANTHROPY, VOLUNTARISM & GRANT MAKING FOUNDATIONS
2022
$40K
UNRESTRICTED USE TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
2022
$36K
GENERAL CHARITABLE USE
2022
$25K
GENERAL SUPPORT
2022
$23K
PHILANTHROPY
2022
$15K
DAF-MILLER RIVER CHARITABLE
2022
$5K
DANIEL T. HENRY MEMORIAL FUND
2022
$4K
TO FUND DONOR ADVISED FUND (TRANSFER OF REMAINING CASH TO FUND)
2022
$4K
UNRESTRICTED GENERAL
2022
$2K
UNRESTRICTED GENERAL
2022
$1K
The Jill Kemp Memorial Fund for Breast Cancer Research and Care
2022
$16.7M
For grant recipient's exempt purposes
2021
$16.7M
For grant recipient's exempt purposes
2021
$11.3M
PUBLIC, SOCIETAL BENEFIT
2021
$3.7M
GENERAL SUPPORT
2021
$1.6M
UNRESTRICTED GENERAL
2021
$1.6M
PUBLIC, SOCIETAL BENEFIT
2021
$1.1M
TO FUND DONOR ADVISED FUND
2021
$1.0M
For recipient's exempt purpose
2021
$970K
T70 FUNDRAISING ORGANIZATIONS THAT CROSS CATEGORIES (INCLUDES COMMUNITY FUNDS)
2021
$625K
PROVIDE FUNDING FOR SUPPORTED CHARITIES
2021
$442K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2021
$392K
PROGRAM SUPPORT
2021
$374K
GENERAL SUPPORT
2021

Funded by

$405.0M from 159 funders · 315 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$86.4M · 8 grants · 2017–2023

Dechomai Foundation Inc

$73.8M · 5 grants · 2020–2024

Donor Advised Charitable Giving Inc

$48.6M · 7 grants · 2017–2023

National Philanthropic Trust

$23.9M · 6 grants · 2017–2023

Chan Soon-Shiong Family Foundation

$23.0M · 4 grants · 2017–2022

The Perrin Family Foundation

$7.3M · 1 grant · 2023

Cardinal Brook Trust

$6.7M · 2 grants · 2020–2022

American Endowment Foundation

$6.6M · 6 grants · 2020–2024

Details

EIN046010342
NTEE codeT700
Subsection03
Ruling date1957-09
Formed1955
Employees0