Mission
A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS AND FAMILIES WHO CREATE DONOR ADVISED FUNDS
Public Charity
BANK OF AMERICA CHARITABLE GIFT FD
BANK OF AMERICA CHARITABLE GIFT FD is a Public Charity headquartered in BOSTON, MA. Financial data from the 2024 filing: $1.7B revenue, $993.6M expenses, $5.1B total assets.
EIN: 046010342
BOSTON, MA
Federated Giving Programs
NTEE: T70
Latest filing: 2024
Total Revenue$1.7B
Total Expenses$993.6M
Total Assets$5.1B
Grants Given0
Grant Total$4.8B
Filing Years2021–2024
Where $100 goes at Bank of America Charitable Gift FD
How Bank of America Charitable Gift FD divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$98
Grants to charitable organizations (see attached statements)
$1
Bank of america trustee fees
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.7B | $993.6M | $5.1B |
| 2023 | $1.2B | $845.5M | $4.2B |
| 2022 | $907.6M | $763.1M | $3.5B |
| 2021 | $1.7B | $728.1M | $4.0B |
Between 2021 and 2024, reported annual revenue held roughly steady at around $1.7B, with total assets most recently reported at $5.1B.
Interactive year-over-year charts and full filing details available with membership.