STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Bank Of America Institution TRUSTEE2021-2024 $24,062,159$80,656,532 4368

People by year

2024 · 1 person listed · 1 paid, $24.1M · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
BANK OF AMERICA Institution TRUSTEE- $24,062,159$0$0 $24,062,1594368
2023 · 1 person listed · 1 paid, $20.1M · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
BANK OF AMERICA Institution TRUSTEE- $20,052,864$0$0 $20,052,8644368
2022 · 1 person listed · 1 paid, $18.8M · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
BANK OF AMERICA Institution TRUSTEE1 $18,808,703$0$0 $18,808,7034368
2021 · 1 person listed · 1 paid, $17.7M · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
BANK OF AMERICA NA Institution TRUSTEE1 $17,732,806$0$0 $17,732,8064368

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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$1,664,401,095$993,629,953 $5,096,006,595$5,038,097,658 $1,489,652,673$0 $24,062,1590-
2023 · Form 990 period ending 2023-12-31 · amended · view filing · original 990 ↗
$1,188,933,572$845,469,033 $4,162,617,540$4,078,171,482 $1,020,516,118$0 $20,052,8640-
2023 · Form 990 period ending 2023-12-31 · superseded · view filing · original 990 ↗
$1,188,501,548$845,469,034 $4,162,617,542$4,078,171,483 $1,018,030,678$0 $20,052,8640-
2022 · Form 990 period ending 2022-12-31 · amended · view filing · original 990 ↗
$907,644,228$763,125,913 $3,490,678,875$3,441,477,199 $949,449,941$0 $18,808,7030-
2022 · Form 990 period ending 2022-12-31 · superseded · view filing · original 990 ↗
$907,613,090$763,125,913 $3,490,678,875$3,441,477,199 $949,418,803$0 $18,808,7030-
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$1,677,054,646$728,053,163 $3,954,780,762$3,845,753,040 $1,367,256,033$0 $17,732,8060-

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

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
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
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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
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ROSENTHAL FOUNDATION Private foundation Fuzzy filed as “BANK OF AMERICA CHARITABLE GIFT FUND” 2024-2025 2$4,600,000 2025$1,600,000
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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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
JEWISH COMMUNAL FUNDNYT70 $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 INCMAT70 $357,344,529$312,060,149 President & CEO$765,265 Same NTEE code T70, revenue within 5x, same state
DECHOMAI FOUNDATION INCFLT70 $494,612,669$504,275,642 BOARD PRESIDENT$0 Same NTEE code T70, revenue within 5x
THE JEWISH FEDERATIONS OF NORTH AMERICA INCNYT70 $435,156,966$511,075,455 PRESIDENT & CHIEF EXECUTIVE OFFICER$852,662 Same NTEE code T70, revenue within 5x
VANGUARD CHARITABLE ENDOWMENT PROGRAMPAT70 $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 COUNTIESCAT70 $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 INCNYT70 $350,493,949$373,956,755 CHIEF INVESTMENT OFFICER$1,027,526 Same NTEE code T70, revenue within 5x
IMPACTASSETS INCMDT70 $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 LACAT70 $168,538,558$140,855,325 President & CEO$664,762 Same NTEE code T70, revenue within 10x
JEWISH FEDERATION OF METROPOLITAN CHICAGOILT70 $284,591,607$205,695,841 PRESIDENT/CEO$668,514 Same NTEE code T70, revenue within 10x
JEWISH COMMUNITY FOUNDATION OF SAN DIEGOCAT70 $194,237,199$157,155,132 PRESIDENT & CEO$478,177 Same NTEE code T70, revenue within 10x
P E F ISRAEL ENDOWMENT FUNDS INCNYT70 $266,697,950$265,467,106 DIRECTOR OF OPERATIONS$200,186 Same NTEE code T70, revenue within 10x
ROBIN HOOD FOUNDATIONNYT70 $180,479,570$163,007,413 CEO / NON-VOTING DIRECTOR$1,041,339 Same NTEE code T70, revenue within 10x
RAMTELL INCINT70 $273,797,686$2,205,185 EXECUTIVE DIRECTOR$60,000 Same NTEE code T70, revenue within 10x
GIVING BACK FUND INCMAT70 $50,660,494$44,918,100 President & CEO$297,370 Same NTEE code T70, revenue differs more than 10x, same state
SUPREME COUNCIL BENEVOLENT FOUNDATIONMAT70 $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 INCMAT70 $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 INCMAT70 $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 INCMAT70 $41,381,335$46,365,031 Chief of Staff$291,963 Same NTEE code T70, revenue differs more than 10x, same state
WELLINGTON MANAGEMENT FOUNDATIONMAT70 $11,829,758$7,364,686 TRUSTEE$0 Same NTEE code T70, revenue differs more than 10x, same state
PHILANTHROPY MASSACHUSETTS INCMAT70 $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 FOUNDATIONMAT70 $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 FUNDMIT70 $5,998,229$3,262,755 CEODirector$0 Same NTEE code T70, revenue differs more than 10x, similar name
AMERICAN GIFT FUNDDET70 $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 FUNDIAT70 $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).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
FIDELITY INVESTMENTS CHARITABLE GIFT FUND funds this one DAF sponsor$1,771,572,646616 852016–2024 VANGUARD CHARITABLE ENDOWMENT PROGRAM; IMPACTASSETS INC; JEWISH COMMUNAL FUND; COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC and 81 more
DECHOMAI ASSET TRUST DAF sponsor$1,762,585,6408 22011–2024 DECHOMAI FOUNDATION INC; VANGUARD CHARITABLE ENDOWMENT PROGRAM
UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC DAF sponsor$1,073,306,119101 62009–2024 THE JEWISH FEDERATIONS OF NORTH AMERICA INC; P E F ISRAEL ENDOWMENT FUNDS INC; GIVING BACK FUND INC; JEWISH COMMUNAL FUND and 2 more
NATIONAL PHILANTHROPIC TR funds this one DAF sponsor$865,301,212411 612014–2024 JEWISH COMMUNAL FUND; ROBIN HOOD FOUNDATION; IMPACTASSETS INC; VANGUARD CHARITABLE ENDOWMENT PROGRAM and 57 more
JEWISH COMMUNAL FUND funds this one DAF sponsor$619,887,956283 322009–2024 UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC; ROBIN HOOD FOUNDATION; P E F ISRAEL ENDOWMENT FUNDS INC; IMPACTASSETS INC and 28 more
VANGUARD CHARITABLE ENDOWMENT PROGRAM funds this one DAF sponsor$482,918,835262 672020–2024 IMPACTASSETS INC; P E F ISRAEL ENDOWMENT FUNDS INC; UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC; JEWISH FEDERATION OF GREATER PHILADELPHIA and 63 more
DONOR ADVISED CHARITABLE GIVING funds this one DAF sponsor$360,815,887694 792014–2024 IMPACTASSETS INC; VANGUARD CHARITABLE ENDOWMENT PROGRAM; UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC; JEWISH COMMUNAL FUND and 75 more
DAVIS FAMILY FOUNDATION Private foundation$285,410,0007 12018–2024 VANGUARD CHARITABLE ENDOWMENT PROGRAM
KATALY FOUNDATION Private foundation$255,000,0006 12019–2024 IMPACTASSETS INC
AMERICAN ENDOWMENT FOUNDATION funds this one DAF sponsor$254,018,970306 632010–2024 IMPACTASSETS INC; VANGUARD CHARITABLE ENDOWMENT PROGRAM; JEWISH FEDERATION OF GREATER ATLANTA INC; JEWISH FEDERATION COUNCIL OF GREATER LOS ANGELES and 59 more
LILLY ENDOWMENT INC Private foundation$230,486,878131 42011–2025 UNITED WAY OF CENTRAL INDIANA INC; UNITED WAY OF CENTRAL ALABAMA INC; OVARIAN CANCER RESEARCH FUND INC; UNITED WAY OF NORTH CAROLINA
JEWISH FEDERATION OF CLEVELAND DAF sponsor$220,931,60158 122010–2024 THE JEWISH FEDERATIONS OF NORTH AMERICA INC; UNITED WAY OF GREATER CLEVELAND FUND; UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC; TIDEWATER JEWISH FOUNDATION INC and 8 more
NSN FOUNDATION INC Private foundation$204,000,0005 12019–2023 JEWISH COMMUNAL FUND
GREATER MIAMI JEWISH FEDERATION funds this one DAF sponsor$174,122,42678 142009–2024 THE JEWISH FEDERATIONS OF NORTH AMERICA INC; P E F ISRAEL ENDOWMENT FUNDS INC; JEWISH COMMUNITY FEDERATION OF S F MARIN PENINSULA & SONOMA COUNTIES; ASSOCIATED JEWISH CHARITIES OF BALTIMORE and 10 more
COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC funds this one DAF sponsor$166,176,25697 162009–2024 THE JEWISH FEDERATIONS OF NORTH AMERICA INC; UNITED WAY OF MASSACHUSETTS BAY INC; UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC; GIVING BACK FUND INC and 12 more

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
LineAs describedTotalProgramManagementFundraisingShare
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$993,629,953100%

View the filing

2023 · Form 990 · $845,469,033 spent · pay $0 · grants $825,174,729 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$845,469,033100%

View the filing

2022 · Form 990 · $763,125,913 spent · pay $0 · grants $744,249,561 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$763,125,913100%

View the filing

2021 · Form 990 · $728,053,163 spent · pay $0 · grants $710,276,989 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$728,053,163100%

View the filing

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 DAFsDAFs heldContributionsGrantsValue at year endOther funds heldOther contributionsOther grantsOther value at year end
2024 · Form 990 view filing
Yes 17,840$1,489,652,673$965,553,827$4,733,931,424 24-$3,943,167$115,142,332
2023 · Form 990 view filing
Yes 15,208$1,020,516,118$821,668,433$3,826,325,338 24-$3,506,297$105,023,813
2022 · Form 990 view filing
Yes 14,266$949,418,803$740,974,842$3,234,311,376 26-$3,274,719$93,889,648
2021 · Form 990 view filing
Yes 12,705$1,367,256,033$707,710,357$3,538,858,428 26-$2,566,632$148,528,870