Bank of America Charitable Gift Fd
A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS AND FAMILIES WHO CREATE DONOR ADVISED FUNDS
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1B
+22.4% YoY
Annual Giving
$969.5M
+17.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$969.5M
+17.5% YoY
About Bank of America Charitable Gift Fd
Based on IRS filings
Bank of America Charitable Gift Fd is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.1B in total assets. In 2024, it awarded 1 grants totaling $969.5M. Net investment income was $174.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,096,006,595 | $4,162,617,542 | $3,490,678,875 |
| Revenue | $1,664,401,095 | $1,188,501,548 | $907,613,090 |
| Expenses | $993,629,953 | $845,469,034 | $763,125,913 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $174,748,422 | $170,470,870 | $-41,805,713 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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