If it matters to you, it matters to us
At Bank of America Private Bank, we're committed to helping you achieve your personal vision through your private foundation. When you work with Foundation Advisory Services, your philanthropy is supported by a broad range of customized solutions to help transform your charitable goals into meaningful action.
Strategic planning services:
We can help you create and implement a strategic plan for greater impact:
- Define your purpose, create or affirm your mission statement and develop strategy
- Identify issues, geography and populations you want to affect
- Involve your family and advise on succession planning
Grantmaking services:
We will help you implement and refine the best practices and processes for your ongoing needs:
- Structured grantmaking programs that identify the best grant recipients for your mission
- Align your missions with your giving program and funding guidelines
- Grant due diligence, including proposal review and site visits
Grant administration and management services:
We can greatly alleviate your administrative burden by ensuring that your foundation complies with all regulatory requirements and satisfies fiduciary requirements:
- Act as office of record for grant inquiries
- Process incoming and outgoing correspondence
- Disburse grant payments, verify tax-exempt status of domestic charities and monitor cash flow
Portfolio management for private foundations:
We will work with you to create a highly customized investment solution to advance your mission and help meet your spending and funding needs:
- Customized investment solutions, funding and asset-allocation strategies
- Expertise in specialty assets such as commercial real estate and timberland
- Sound oversight that ensures the integrity of the investment process
Whether you'd like to establish a new private foundation or reduce the administrative burdens of an existing one, our philanthropic specialists are ready to help you realize your personal vision.