Bank Of America
Bank of America Charitable Gift Fund
Philanthropic Management

Donor Advised Fund: Bank of America Charitable Gift Fund

A flexible approach to charitable giving

Since 1955, donors have depended on the Bank of America Charitable Gift Fund1 to help execute their philanthropic plans. The Bank of America Charitable Gift Fund (the Fund) offers you the expertise and flexibility to focus your efforts on what’s most important — your charitable goals:
  • Receive a current-year income tax deduction for your donation
  • Donate appreciated assets without incurring capital gains taxes
  • Recommend that grants are made to the charities of your choice over time
  • Maximize your gifts' potential impact through professional asset management and tax-free compounding of investment returns
  • Help ensure your philanthropic legacy
  • Manage your Fund activities online or with your advisor
  • Establish your Charitable Gift Fund account with an initial contribution of as little as $5,000
Whether your primary goal is to support your personal or family philanthropy or maximize your tax benefits, our advisors will help you determine how this donor advised fund can help you best fulfill your unique goals.

Access to the expertise you need

A legacy of charitable expertise:
  • Building on over two centuries of charitable experience, Bank of America is one of the nation’s leading providers of investment and philanthropic services to more than 10,000 individuals, families and institutions
  • We leverage our experience managing grantmaking for more than 2,000 private foundations to handle your donor advised fund grant recommendations, regulatory reporting and account administration needs
  • Eight investment objectives to help meet the specific needs of your Charitable Gift Fund account
Specialty asset management of non-financial assets:
  • Unique expertise to accept a broad range of donor assets from stocks and mutual funds to closely held business interests, timberland, real estate, farms and ranches and oil and gas assets

Flexible giving options with the Bank of America Charitable Gift Fund

This donor advised fund provides flexibility that supports your grantmaking strategy by allowing you to:
  • Track your account balances, grant recommendations, gift history, investment performance and quarterly account statements online
  • Make anonymous grant recommendations
  • Name your donor advised fund account with few restraints
  • Authorize an unlimited number of donor advisors and successor advisors
  • Carry on your legacy with unlimited generational transfers of your Charitable Gift Fund account

A streamlined process

The Bank of America Charitable Gift Fund is easy to set up and easy to use:
  • Account opening requires a minimal time commitment
  • The donor advised fund team researches all grant recommendations, and performs administration and regulatory reporting
  • The Charitable Gift Fund catalogues your gift receipts and makes them available online
  • Clearly stated administrative and investment fees are deducted automatically from your account
  • You may set up recurring grants to support organizations on an ongoing basis
1A public charity as described in the Internal Revenue Code Sections 501(c)(3), 509(a)(1) and 170 (b)(1)(A)(vi).

Account Access

Open and manage a Bank of America Charitable Gift Fund Account:

Open an Account »

Manage your Account »



Contact Us

For more information, please contact your Bank of America Advisor.

If you don’t have an advisor, please contact the Fund at:

1.888.703.2345
charitablegiftfund@ bankofamerica.com