BANK OF AMERICA CHARITABLE GIFT FUND DAF sponsor
Cite this
Plain text BANK OF AMERICA CHARITABLE GIFT FUND. Strategy Studio, nonprofit organization profile, tax years 2021–2024. https://strategystudio.org/org/046010342. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). BANK OF AMERICA CHARITABLE GIFT FUND [Nonprofit organization profile; tax years 2021–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/046010342
MLA “BANK OF AMERICA CHARITABLE GIFT FUND.” Strategy Studio, tax years 2021–2024, https://strategystudio.org/org/046010342. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2021–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990 · revenue $1.66B · expenses $993.6M · assets $5.10B
- EIN
- 04-6010342
- Address
- 100 FEDERAL STREET MA5-100-10-21, BOSTON, MA 02110-1802
- NTEE code
- T700
- Subsection
- 501(c)(3)
- Ruling year
- 1957
- Donor-advised funds
- Sponsor: its returns say it maintains donor-advised funds (latest tax year 2024). Figures by year
- Cross-check
- ProPublica Nonprofit Explorer
Mission
A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS AND FAMILIES WHO CREATE DONOR ADVISED FUNDS
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Bank Of America Institution | TRUSTEE | 2021-2024 | $24,062,159 | $80,656,532 | 4368 |
People by year
2024 · 1 person listed · 1 paid, $24.1M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA Institution | TRUSTEE | - | $24,062,159 | $0 | $0 | $24,062,159 | 4368 |
2023 · 1 person listed · 1 paid, $20.1M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA Institution | TRUSTEE | - | $20,052,864 | $0 | $0 | $20,052,864 | 4368 |
2022 · 1 person listed · 1 paid, $18.8M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA Institution | TRUSTEE | 1 | $18,808,703 | $0 | $0 | $18,808,703 | 4368 |
2021 · 1 person listed · 1 paid, $17.7M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA NA Institution | TRUSTEE | 1 | $17,732,806 | $0 | $0 | $17,732,806 | 4368 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 1 grant to organizations · $969.5M
2023 · 1 grant to organizations · $825.2M
2022 · 1 grant to organizations · $744.2M
2021 · 1 grant to organizations · $710.3M
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $1,664,401,095 | $993,629,953 | $5,096,006,595 | $5,038,097,658 | $1,489,652,673 | $0 | $24,062,159 | 0 | - |
| 2023 · Form 990 | ||||||||
| $1,188,933,572 | $845,469,033 | $4,162,617,540 | $4,078,171,482 | $1,020,516,118 | $0 | $20,052,864 | 0 | - |
| 2023 · Form 990 | ||||||||
| $1,188,501,548 | $845,469,034 | $4,162,617,542 | $4,078,171,483 | $1,018,030,678 | $0 | $20,052,864 | 0 | - |
| 2022 · Form 990 | ||||||||
| $907,644,228 | $763,125,913 | $3,490,678,875 | $3,441,477,199 | $949,449,941 | $0 | $18,808,703 | 0 | - |
| 2022 · Form 990 | ||||||||
| $907,613,090 | $763,125,913 | $3,490,678,875 | $3,441,477,199 | $949,418,803 | $0 | $18,808,703 | 0 | - |
| 2021 · Form 990 | ||||||||
| $1,677,054,646 | $728,053,163 | $3,954,780,762 | $3,845,753,040 | $1,367,256,033 | $0 | $17,732,806 | 0 | - |
Funders of this organization
222 grantors reported grants to this organization, $593,027,573 in all, tax years 2009 to 2025; the 25 largest shown (all 222). Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | DAF sponsor | Exact | 2016-2024 | 9 | $114,113,593 | 2024 | $35,616,801 | show |
| DECHOMAI FOUNDATION INC | DAF sponsor | Exact | 2020-2024 | 6 | $74,809,629 | 2024 | $19,207,838 | show |
| NATIONAL PHILANTHROPIC TR | DAF sponsor | Exact | 2014-2024 | 12 | $70,989,296 | 2024 | $19,677,715 | show |
| DONOR ADVISED CHARITABLE GIVING | DAF sponsor | Exact | 2014-2024 | 11 | $64,554,326 | 2024 | $4,236,570 | show |
| SILICON VALLEY COMMUNITY FOUNDATION | DAF sponsor | Exact | 2012-2013, 2015-2020 | 8 | $18,039,787 | 2020 | $395,000 | show |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | DAF sponsor | Exact | 2013-2018, 2020-2023 | 14 | $14,306,553 | 2023 | $1,603,865 | show |
| CARDINAL BROOK TRUST | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2017-2022 | 6 | $10,955,450 | 2022 | $2,200,000 | show |
| AMERICAN ENDOWMENT FOUNDATION | DAF sponsor | Exact | 2017-2018, 2020-2024 | 10 | $8,934,041 | 2024 | $2,973,594 | show |
| BOSTON FOUNDATION INC | DAF sponsor | Exact | 2009-2010, 2018, 2024 | 4 | $8,297,312 | 2024 | $6,645,940 | show |
| THE SEATTLE FOUNDATION | DAF sponsor | Exact | 2014, 2023 | 6 | $7,981,915 | 2023 | $4,748,674 | show |
| THE PERRIN FAMILY FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2023 | 1 | $7,318,185 | 2023 | $7,318,185 | show |
| THE CHAN SOON-SHION FAMILY FOUNDATION | Private foundation | Fuzzy filed as “Bank of America Charitable Gift Fund” | 2022-2023 | 2 | $7,200,000 | 2023 | $3,500,000 | show |
| GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC | DAF sponsor | Exact | 2017-2019, 2022-2024 | 6 | $6,468,545 | 2024 | $393,131 | show |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | DAF sponsor | Exact | 2020-2024 | 5 | $6,180,453 | 2024 | $918,636 | show |
| THE CHICAGO COMMUNITY TRUST | DAF sponsor | Exact | 2016, 2019-2023 | 6 | $5,340,349 | 2023 | $118,022 | show |
| THE MILLER-WEHRLE FAMILY FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2023 | 1 | $5,024,532 | 2023 | $5,024,532 | show |
| THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC | DAF sponsor | Exact | 2018 | 1 | $4,960,777 | 2018 | $4,960,777 | show |
| DENVER FOUNDATION | DAF sponsor | Exact | 2010, 2012-2013, 2015, 2018, 2021 | 9 | $4,947,582 | 2021 | $1,805,805 | show |
| THE MORNINGSTAR FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT”, “BANK OF AMERICA CHARITABLE GIFT FUND” | 2022-2023 | 8 | $4,910,363 | 2023 | $13,040 | show |
| ROSENTHAL FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2024-2025 | 2 | $4,600,000 | 2025 | $1,600,000 | show |
| GOULDER FAMILY FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2022-2024 | 3 | $4,307,500 | 2024 | $1,600,000 | show |
| THE BEHRENS FAMILY FOUNDATION INC- SHORT YE | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2018 | 2 | $4,079,544 | 2018 | $4,079,544 | show |
| BENDER FOUNDATION INC | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUNDS” | 2017-2023 | 15 | $3,950,000 | 2023 | $250,000 | show |
| COMMUNITY FOUNDATION FOR SOUTHERN ARIZONA | DAF sponsor | Exact | 2021 | 1 | $3,669,697 | 2021 | $3,669,697 | show |
| THE PETER AMSTEIN FOUNDATION | Private foundation | Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” | 2017-2024 | 8 | $3,658,065 | 2024 | $3,091,375 | show |
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| JEWISH COMMUNAL FUND | NY | T70 | $1,337,028,835 | $1,039,340,572 | EXECUTIVE VP AND CEO | $774,873 | Same NTEE code T70, revenue within 2x |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC | MA | T70 | $357,344,529 | $312,060,149 | President & CEO | $765,265 | Same NTEE code T70, revenue within 5x, same state |
| DECHOMAI FOUNDATION INC | FL | T70 | $494,612,669 | $504,275,642 | BOARD PRESIDENT | $0 | Same NTEE code T70, revenue within 5x |
| THE JEWISH FEDERATIONS OF NORTH AMERICA INC | NY | T70 | $435,156,966 | $511,075,455 | PRESIDENT & CHIEF EXECUTIVE OFFICER | $852,662 | Same NTEE code T70, revenue within 5x |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | PA | T70 | $6,666,887,642 | $3,541,363,310 | PRESIDENT | $608,684 | Same NTEE code T70, revenue within 5x |
| JEWISH COMMUNITY FEDERATION OF S F MARIN PENINSULA & SONOMA COUNTIES | CA | T70 | $505,170,712 | $129,045,840 | CEO | $772,970 | Same NTEE code T70, revenue within 5x |
| UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC | NY | T70 | $350,493,949 | $373,956,755 | CHIEF INVESTMENT OFFICER | $1,027,526 | Same NTEE code T70, revenue within 5x |
| IMPACTASSETS INC | MD | T70 | $680,266,004 | $627,276,057 | CEO & CIO | $502,035 | Same NTEE code T70, revenue within 5x |
| JEWISH COMMUNITY FDN OF THE JEWISH FEDERATION COUNCIL OF GREATER LA | CA | T70 | $168,538,558 | $140,855,325 | President & CEO | $664,762 | Same NTEE code T70, revenue within 10x |
| JEWISH FEDERATION OF METROPOLITAN CHICAGO | IL | T70 | $284,591,607 | $205,695,841 | PRESIDENT/CEO | $668,514 | Same NTEE code T70, revenue within 10x |
| JEWISH COMMUNITY FOUNDATION OF SAN DIEGO | CA | T70 | $194,237,199 | $157,155,132 | PRESIDENT & CEO | $478,177 | Same NTEE code T70, revenue within 10x |
| P E F ISRAEL ENDOWMENT FUNDS INC | NY | T70 | $266,697,950 | $265,467,106 | DIRECTOR OF OPERATIONS | $200,186 | Same NTEE code T70, revenue within 10x |
| ROBIN HOOD FOUNDATION | NY | T70 | $180,479,570 | $163,007,413 | CEO / NON-VOTING DIRECTOR | $1,041,339 | Same NTEE code T70, revenue within 10x |
| RAMTELL INC | IN | T70 | $273,797,686 | $2,205,185 | EXECUTIVE DIRECTOR | $60,000 | Same NTEE code T70, revenue within 10x |
| GIVING BACK FUND INC | MA | T70 | $50,660,494 | $44,918,100 | President & CEO | $297,370 | Same NTEE code T70, revenue differs more than 10x, same state |
| SUPREME COUNCIL BENEVOLENT FOUNDATION | MA | T70 | $5,651,556 | $6,979,836 | TR/PRESIDENT | $362,846 | Same NTEE code T70, revenue differs more than 10x, same state |
| UNITED WAY OF NORTH CENTRAL MASS INC | MA | T70 | $6,019,171 | $4,974,176 | PRESIDENT & CEO | $184,149 | Same NTEE code T70, revenue differs more than 10x, same state |
| UNITED WAY OF TRI COUNTY INC | MA | T70 | $10,054,910 | $10,580,708 | PRESIDENT AND CEO, CLERK | $328,776 | Same NTEE code T70, revenue differs more than 10x, same state |
| UNITED WAY OF MASSACHUSETTS BAY INC | MA | T70 | $41,381,335 | $46,365,031 | Chief of Staff | $291,963 | Same NTEE code T70, revenue differs more than 10x, same state |
| WELLINGTON MANAGEMENT FOUNDATION | MA | T70 | $11,829,758 | $7,364,686 | TRUSTEE | $0 | Same NTEE code T70, revenue differs more than 10x, same state |
| PHILANTHROPY MASSACHUSETTS INC | MA | T70 | $5,544,821 | $5,673,697 | CEO, AS OF 05/2024 | $157,069 | Same NTEE code T70, revenue differs more than 10x, same state |
| YAWKEY FOUNDATION | MA | T70 | $4,806,620 | $4,059,065 | CHIEF EXECUTIVE OFFICER | $135,036 | Same NTEE code T70, revenue differs more than 10x, same state |
| GUIDESTREAM CHARITABLE GIFT FUND | MI | T70 | $5,998,229 | $3,262,755 | CEODirector | $0 | Same NTEE code T70, revenue differs more than 10x, similar name |
| AMERICAN GIFT FUND | DE | T70 | $166,326,352 | $115,867,890 | TRUSTEE | $3,620,608 | Same NTEE code T70, revenue differs more than 10x, similar name |
| HILLS BANK DONOR ADVISED GIFT FUND | IA | T70 | $10,952,068 | $6,231,882 | President of Trustee | $0 | Same NTEE code T70, revenue differs more than 10x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $993,629,953 spent · pay $0 · grants $969,496,994 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $969,496,994 | $969,496,994 | - | - | 97.6% | |
| Fees: investment management | $24,062,159 | $9,624,864 | $14,437,295 | - | 2.4% | |
| All other expenses | $70,800 | $70,800 | - | - | 0.0% | |
| Total | $993,629,953 | 100% |
2023 · Form 990 · $845,469,033 spent · pay $0 · grants $825,174,729 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $825,174,729 | $825,174,729 | - | - | 97.6% | |
| Fees: investment management | $20,052,864 | $8,021,147 | $12,031,717 | - | 2.4% | |
| All other expenses | $241,440 | $241,440 | - | - | 0.0% | |
| Total | $845,469,033 | 100% |
2022 · Form 990 · $763,125,913 spent · pay $0 · grants $744,249,561 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $744,249,561 | $744,249,561 | - | - | 97.5% | |
| Fees: investment management | $18,808,703 | $7,523,481 | $11,285,222 | - | 2.5% | |
| All other expenses | $67,649 | $67,649 | - | - | 0.0% | |
| Total | $763,125,913 | 100% |
2021 · Form 990 · $728,053,163 spent · pay $0 · grants $710,276,989 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $710,276,989 | $710,276,989 | - | - | 97.6% | |
| Fees: investment management | $17,732,806 | $7,093,122 | $10,639,684 | - | 2.4% | |
| All other expenses | $43,368 | $43,368 | - | - | 0.0% | |
| Total | $728,053,163 | 100% |
Donor-advised funds
Donors to individual donor-advised funds are not public. These filings show what the sponsor reports, not who gave.
As reported on Schedule D Part I (and the Form 990 Part IV question “did the organization maintain donor advised funds”). Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
| Maintains DAFs | DAFs held | Contributions | Grants | Value at year end | Other funds held | Other contributions | Other grants | Other value at year end |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| Yes | 17,840 | $1,489,652,673 | $965,553,827 | $4,733,931,424 | 24 | - | $3,943,167 | $115,142,332 |
| 2023 · Form 990 | ||||||||
| Yes | 15,208 | $1,020,516,118 | $821,668,433 | $3,826,325,338 | 24 | - | $3,506,297 | $105,023,813 |
| 2022 · Form 990 | ||||||||
| Yes | 14,266 | $949,418,803 | $740,974,842 | $3,234,311,376 | 26 | - | $3,274,719 | $93,889,648 |
| 2021 · Form 990 | ||||||||
| Yes | 12,705 | $1,367,256,033 | $707,710,357 | $3,538,858,428 | 26 | - | $2,566,632 | $148,528,870 |