The Philanthropic Solutions group at Bank of America Private Bank delivers expertise and a comprehensive suite of investment and management services to help individuals and institutions build and sustain their charitable missions.
Serving in a trustee or agency capacity for private foundations, endowments, split-interest trusts and donor-advised funds, the Philanthropic Solutions team provides:
Strategic advice and planning to help you fulfill your mission more effectively
- Integrated spending policy and asset allocation analysis
- Grantmaking administration and oversight
- Governance and fiduciary assistance
- Philanthropic research and best practices
Asset management services and solutions to help align and achieve your financial and charitable objectives
- Customized asset allocation
- Portfolio construction and balancing
- Investment manager evaluation, selection and oversight
- Evaluation, management, and liquidation of donated farmland and ranchland, real estate, timberland, private business interests and energy and mineral assets
Administration and record-keeping services to simplify your administrative burden
- Distribution calculation and disbursement
- Record-keeping and custody
- Preparation and filing of tax forms
- Sub-fund reporting
- Gift processing and valuation
Expertise and community commitment
With a dedicated team of charitable professionals to support you, Philanthropic Solutions is committed to providing national expertise, delivered locally.