Return of Organization Exempt from Income Tax
Total Page:16
File Type:pdf, Size:1020Kb
F - v OMB No 1545-0047 Return of Organization Exempt From Income Tax Form 990 2 11 Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code ( except black lung benefit trust or private foundation) • . Department of the Treasury organization may have to use of this return to satisfy state reporting requirements. Internal Revenue service ► The a copy A For the 2011 calendar year, or tax year beginning , 2011, and ending , 20 C Name of organization D Employer identification number B Checkdeppbrable BANK OF AMERICA CHARITABLE GIFT FUND Add rJenpeh.ng' Doing Business As 04-6010342 Nerve Ch,nge Number and street (or P 0. box if mail is not delivered to street address) Room/suite E Telephone number ^n,pelretpm P 0 BOX 1802 888 866-3275 Terminated City or town, state or country, and ZIP + 4 Amended G Grossreceipts $ return PROVIDENCE RI 02901-1802 292 297 050. H(a) Is this a group return for Yes X Apphhun°n F Name and address of principal officer ABOVE No pending SAME AS affiliates? H(b) Are all affiliates included? Yes No If 'No,' attach a hut. see instructions) I Tax-exempt status X 501(c)(3) 501(c) I ) (insert no.) I I 4947(a)(1( or 527 H(c) Group exemption number J Website : ► N / A ► K Form of nrnanoatinn Cnrnoration X Trust Association Other ► L Year of formation 19 5 _ M State of leqal domicile MA Summary 1 Briefly describe the organization ' s mission or most significant activities -------------- -------- ---- ------ ------------ A PUBLIC-CHARITY THAT -MAKES-GRANTS ON -BEHALF-OF INDIVIDUALS-&-FAMILIES- ------------ WHO CREATE DONOR ADVISED FUNDS C ---------------------------------------------------------- ------- ---- ------- ------------ ---------------------------------------------------------------------------- ------------ operations or disposed of more than 25% of its net assets. 0 2 Check this box ► a If the organization discontinued its 3 Number of voting members of the governing body (Part VI, line 1a ) . 3 1 4 Number of independent voting members of the governing body (Part VI , line 1 b) . 4 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a ) . 5 NONE 6 Total number of volunteers ( estimate if necessary ) ..................... ... , , , , , 6 NONE 7a Total unrelated business revenue from Part VIII , column ( C), line 12 . 7a NONE b Net unrelated business taxable income from Form 990-T, line 34 ............. ...... .... 7b NONE Prior Year Current Year 8 Contributions and grants (Part VIII, line th ) . .............. 129 , 740 , 539 78 , 184 , 283 C 9 Program service revenue (Part VIII, line 2g ) . a', 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ). 24 , 071 , 670 37 , 628 , 009 11 Other column ( A), lines 5, 6d, 8c, 9c, 1Oc, and 11e). , 12 Total Fei n L'C ou h 1 (must eq ual Part VIII, column ( A), line 12 ) .. 153 , 812 , 209 115 , 812 , 292 1 ants -and d (P IX, column ( A), lines 1-3) . 46 , 025 , 331 74 , 912 ,376 1 neflts ,paid to or for member jr)wyl IX, column (A), line 4 ) , , , , , , , 1 larles,IherJo9p aTt°on, iQl Yee benefits (Part IX, column ( A), lines 5-10) . 1 309 , 201 1 643 , 301 1 a tg_ fu ndraising fees column ( A), line 1 le) . r column ( D), line 25 NONE ----- W b T a d Pratt - Pe , ) ► ----------- 17 Ot er umn ( ) , lines 11a-11d , 11f-24e) .......... 387 698 399 735 18 Total expenses . Add lines 13- 1 must equal Part IX, column (A), line 25 ) ........ 47 722 230 76 955 412 19 Revenue less ex penses. Subtract line 18 from line 1 2 . 106 089 , 979 38 , 856 , 880 Beginning of Current Year End of Year mm 20 Total assets (Part X, line 16) .............................. 305 , 442 , 9S4 335 , 024 , 478 21 Total liabilities (Part X, line 26) .. .... ........... NON 1 , 326 , 183 L 22 Net assets or fund balances. Subtract line 21 from line 20 . 305 442 954 333 698 , 295 Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. D of preparer (other than officer) is based on all information of which preparer has any knowledge. C'."8 Rfttion O Sign Signatureof officer ® Here Type or print name and title Print/Type preparer's name Preparer's signature Paid Preparer Firm's name Use Only ► Firm's address ► May th e IR S discuss thi s return with the preparer shown above? ( see instruct For Paperwork Reduction Act Notice , see the separate instructions. JSA 1E1010 1000 cad CUG868 L775 05/14/2012 19:05:59 0 Form 990 ( 2011) Page 2 Statement of Program Service Accomplishments Ch eck if Schedule 0 contains a response to any question in this Part III . .... .. .......... .. ... n 1 Briefly describe the organization ' s mission: A PUBLIC CHARITY THAT MAKES GRANTS ON BEHALF OF INDIVIDUALS & FAMILIES WHO CREATE DONOR ADVISED FUNDS 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,,,,, , El Yes © No If "Yes," describe these new services on Schedule 0. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services ? ................................................... E]I Yes [:A No If "Yes," describe these changes on Schedule 0. 4 Describe the organization 's program service accomplishments for each of its three largest program services, as measured by expenses . Section 501 ( c)(3) and 501 (c)(4) organizations and section 4947( a)(1) trusts are required to report the amount of grants and allocations to others , the total expenses , and revenue , if any , for each program service reported. 4a (Code : ) ( Expenses $ 74,912,376. including grants of $ 74,912,376. )( Revenue $ GRANTS TO VARIOUS CHARITIES (SEE ATTACHED STATEMENT) 4b (Code: ) (Expenses $ 985, 981. including grants of $ ) (Revenue $ BANK OF AMERICA TRUSTEE FEES 4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services ( Describe in Schedule 0.) (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses ► 75,898 357. JSA Form 990 (2011) 1 E 1020 1 000 CUG868 L775 05/14/2012 19:05:59 105 - 0 • Form 990 (2011) Page 3 Sch Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A . ........ ........ ..... ... ......... .. ... .......... 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? ... ... 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes, "complete Schedule C, Part I .. ........ .... .... ... .. 3 X 4 Section 501 (c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part 11 . .... .. ... .... .... 4 X 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-197 If "Yes," complete Schedule C, Part Ill ........................................................ 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"complete Schedule 0, Part I . ... .. .. ... .. .. .... ..... .... ......... 6 X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II.. .. ... 7 X 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III . .... .. .... .... .. ...... ........... .... ..... 8 X 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV . .... ...... ... ... ..... ........... ... .. ..... 9 X 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V ..... 10 X 11 If the organizations answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI . ....... ..... ..... ... ... .. .... ..... .... ........ .. 11a X b Did the organization report an amount for investments other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 167 If "Yes," complete Schedule D, Part VII ..... .......... c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part VIII .. ........ ... llc X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part IX . .... .... ..... .......... lid X e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X 11e X f Did the organizations separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes,"complete Schedule D, Part X . 11f X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI, X11, and X111 .......