Greater Access to Efficient and Flexible Donor-Advised Fund Capabilities

Wed, Nov 4, 2009

Finance Tips, Personal Finance

Several enhancements to the Bank of America Charitable Gift Fund, one of the nation’s leading donor-advised funds are now available to help the state of personal finance of many people. These enhancements include the ability for donors to create a customized donor-advised fund that aligns to their personal giving strategies through an innovative online portal. The new portal provides donors with simplified access to a charitable vehicle that allows them to:

Access a full range of grant-making capabilities, and make grant recommendations anytime, from anywhere through an intuitive, easy-to-navigate portal

Authorize an unlimited number of delegates to help fulfill and carry on a philanthropic legacy, with unlimited generational transfers

Track balances, grant history and quarterly statements through a secure Web site

Get started with an initial contribution of as little as $5,000

Choose from an expanded set of investment options

Open a fund through a step-by-step online process, or with assistance from a Merrill Lynch Financial Advisor or U.S. Trust Advisor

SOURCE Bank of America

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Richard Tyler - who has written 467 posts on Free Investment Advice.

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