Since 1955, The Bank of America Charitable Gift Fund has been helping donors contribute money to their favorite charities in an organized, tax-efficient, streamlined and worry-free way. You can depend on us to help you pursue your philanthropic goals while you support important causes.
A donor-advised fund allows you to streamline your charitable giving. Your fund will be invested with the potential to grow over time. Our online portal allows you to easily make new contributions, select investment objectives, make grant recommendations to the charities of your choice, track your giving, and access statements and tax documentation.
Bank of America Charitable Gift Fund benefits:
- Receive a current-year income tax deduction for any assets you contribute to your fund
- Donate appreciated assets without incurring capital gains taxes
- Make grant recommendations now or in the future
- Involve your family and build a tradition of family charitable giving
- Choose from multiple investment objectives
- Manage your charitable giving via our online portal or with your financial advisor