2025-01-16T13:01:16-06:00 2023-12-31 990 2023-01-01 046010342 BANK OF AMERICA CHARITABLE GIFT FD BANK 8888663275 100 FEDERAL STREET MA5-100-10-21 BOSTON MA 02110 BANK OF AMERICA N A MANAGING DIR 8888663275 2025-01-15 true 2023 2024-10-15 13:58:12Z X SAME AS ABOVE 4319537773 false X n/a X 1955 MA A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS AND FAMILIES WHO CREATE DONOR ADVISED FUNDS 1 1 0 0 0 949449941 1020516118 0 -41805713 168417454 0 907644228 1188933572 744249561 825174729 0 0 0 0 18876352 20294304 763125913 845469033 144518315 343464539 3490678875 4162617540 49201676 84446058 3441477199 4078171482 X A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS AND FAMILIES WHO CREATE DONOR ADVISED FUNDS false false 825174729 825174729 GRANTS TO CHARITABLE ORGANIZATIONS (SEE ATTACHED STATEMENTS) 8021147 BANK OF AMERICA TRUSTEE FEES 833195876 true false false false false true false false false true false false false false true false true false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false true X 0 0 0 false false false false false false true 1 false false false false false false X 1 1 false false false false false false false true false false false false true true true true true false false false CA IL IA MA MN NH NJ NM NY OH OR X BANK OF AMERICA NA 8888663275 100 FEDERAL STREET MA5-100-10-21 BOSTON MA 02110 X BANK OF AMERICA TRUSTEE X 20052864 0 0 20052864 0 0 1 false false false 1020516118 591718177 1020516118 98571584 98571584 3200450071 3130604201 69845870 69845870 69845870 1188933572 69845870 98571584 825174729 825174729 20052864 8021147 12031717 241440 241440 845469033 833437316 12031717 0 632091066 784896447 32623062 26235592 2825964747 3351485501 3490678875 4162617540 40645465 65440426 8556211 19005632 49201676 84446058 X 3394251185 4025250051 47226014 52921431 3441477199 4078171482 3490678875 4162617540 X 343464539 278185110 15044634 X X true X true X true false X 768573256 822310929 1367256033 873704690 923513893 4755358801 768573256 822310929 1367256033 873704690 923513893 4755358801 4755358801 44925512 34281951 46408339 63678122 98571584 287865508 5043224309 0.94290 0.95160 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15208 24 1020516118 821668433 3506297 3826325338 105023813 true true 47226012 7215651 1520237 52921426 59111042 10427368 1457662 47226012 53333382 7120273 1342613 5911042 46821476 87 7830052 1318233 53333382 38949359 74520 9059839 1262242 46821476 false false REFUNDABLE ADVANCES 19005632 19005632 1133736138 24600180 24600180 1109135958 79797616 79797616 1188933574 845072836 845072836 396198 396198 845469034 PART X LINE 1 REFUNDABLE ADVANCES 19,005,633 EXPLANATION FOR SCHEDULE D, PART V, LINE 4 A portion of principal and income as calculated under Uniform Prudent Management of Institutional Funds Act (UPMIFA) of Massachusetts is distributed to 501 (C)(3) organizations for charitable purposes. EXPLANATION FOR SCHEDULE D, PART XI, LINE 2d CONTRIBUTIONS RETURNED $-688,952.36; 2023 REFUNDABLE ADVANCES $17,380,632; 2022 CONTRIBUTION RECEIVABLES $7,908,500; EXPLANATION FOR SCHEDULE D, PART XI, LINE 4b REALIZED GAINS $69,845,871.00; 2022 REFUNDABLE ADVANCES $8,556,211; 2023 CONTRIBUTION RECEIVABLES $1,395,534 EXPLANATION FOR SCHEDULE D, PART XII, LINE 4b RECOVERIES $521,198 AND STOP PAYMENT ON GRANT -$125,000 true SEE ATTACHED LIST OF DISTRIBUTIONS C/O BANK OF AMERICA 100 FEDERAL STREET BOSTON MA 02110 825174730 FMV EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 The CGF maintains guidelines for grant vetting. This review includes verification that the recommended charitable organization is a charitable organization organized in the U.S. and described in Section 170 (b)(1)(A) of the IRC of 1986 (Code), including religious, educational, hospital or medical research, governmental entities, as well as public charities that are described in Code Sections 501(c)(3) and 509(a)(1), (2), or (3) (Qualified Organization). This charitable organization charitable tax status is verified either through the charity tax determination letter and/or documentation received from the organization demonstrating it qualifies as a charitable organization as described under Section 170 (b)(1)(A). The purpose for which the recommendation is being made is also vetted to ensure it meets with IRS and CGF requirements. X 14253 591718177 FMV false true false EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a WHEN DECISIONS ARE MADE THEY ARE DOCUMENTED IN THE PERMANENT FILE EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b N/A FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW TAX DEPARTMENT PREPARES, REVIEWS AND FILES THE FORM 990 EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c ANNUAL STATEMENT FORM 990, PAGE 6, PART VI, LINE 15a NOT APPLICABLE , TRUST HAS CORPORATE TRUSTEE FORM 990, PAGE 6, PART VI, LINE 15b NOT APPLICABLE , TRUST HAS CORPORATE TRUSTEE FORM 990, PAGE 6, PART VI, LINE 18 AVAILABLE UPON REQUEST FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST FORM 990, PAGE 7, PART VII, SECTION A BANK OF AMERICA, TRUSTEE-1 FORM 990, PAGE 12, PART XII, LINE 2 ACCOUNT HAS AUDITED FINANCIAL STATEMENTS COMPLETED AND REVIEWED BY AN INDEPENDENT ACCOUNTANT TO SATISFY THE MA ATTORNEY GENERAL FILING REQUIREMENTS. EXPLANATION FOR FORM 990, PART XI, LINE 9 RECOVERIES $521,198; 2022 REFUNDABLE ADVANCES $-8,556,211; 2023 CONTRIBUTION RECEIVABLES $-1,395,534; GRANT REFUNDED $-125,000; 2023 REFUNDABLE ADVANCES $17,380,633; 2022 CONTRIBUTION RECEIVABLES $7,908,500; PROCEEDS RETURNED $-688,952;