Legacy and Philanthropy

We understand your desire to effect measurable, meaningful change during your lifetime, as well as your goal to create an enduring legacy of values for your children. Our philanthropy specialists can counsel you on the fundamental building blocks of strategic philanthropy, including mission statements, family governance structures and grantmaking programs.

Philanthropic resources

At U.S. Trust, you will find the expertise and resources that can help you make a difference. And you will find an ally. We are an organization that shares your commitment to the ideals of giving, one peopled by professionals who are as committed as you are to reaching your goals.

Our understanding of philanthropy is not merely financial. It is strategic, global and woven into the fabric of Bank of America, whose charitable foundation is one of the most significant grantmaking organizations in the country.

The Bank of America Charitable Foundation is one of the nation's largest corporate foundations, devoting $1.5 billion to philanthropy over the decade. The foundation represents a deep, long-term commitment to the quality of life in U.S. communities — a commitment also reflected in hundreds of cultural and sports sponsorships Bank of America actively supports across the country.

In addition, the Philanthropic Management group provides institutional-quality asset management, grantmaking advisory services, and strategic guidance and planning for thousands of healthcare organizations, educational institutions, private foundations, and other not-for-profit organizations.

We leverage this experience to help maximize the impact of our clients' philanthropic endeavors. Your foundation, charitable trust or donor-advised fund can access the same network of community, national and global organizations it has taken decades for Bank of America to build, enabling you to establish an immediate presence for your own philanthropic undertakings.

We have expertise in every aspect of creating and administering a private foundation or trust — from understanding governance and tax requirements for nonprofit organizations to helping you select the right vehicles for your philanthropic and investment goals.