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Bank Of America Foundation Mc Naughton is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1965. The principal officer is Bank Of America. It holds total assets of $12.7M. Annual income is reported at $3.2M. First congregational church 2022 beneficiary distributions from the harry c. And etta a. Mcnaught memorial fund. Tax records are available from 2020 to 2023. According to available records, Bank Of America Foundation Mc Naughton has made 4 grants totaling $3.8M, with a median grant of $970K. The foundation has distributed between $869K and $2.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 2 grants. Individual grants have ranged from $869K to $1M, with an average award of $960K. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
First congregational church 2020 beneficiary distributions from the harry c. And etta a. Mcnaught memorial fund
Expenses: $60K
Tsic of sarasota county, inc. 2020 fall grant award from the frederic w. And margaret e. Kurtz fund
Expenses: $50K
Sarasota crew, inc. 2020 spring grant award from frederic w. And margaret e. Kurtz fund
Expenses: $36K
Big brothers big sisters of suncoast florida 2020 fall grant award from virginia white clark memorial fund.
Expenses: $30K
First congregational church 2022 beneficiary distributions from the harry c. And etta a. Mcnaught memorial fund. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Bank Of America Foundation Mc Naughton has distributed a total of $3.8M across 4 grants. The median grant size is $970K, with an average of $960K. Individual grants have ranged from $869K to $1M.
The application deadline is SEE STATEMENT FOR LINE 2A. See statement for line 2a.
Bank Of America Foundation Mc Naughton is headquartered in DALLAS, TX.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.2M
Total Assets
$12.2M
Fair Market Value
$20.6M
Net Worth
$12.2M
Grants Paid
$869K
Contributions
N/A
Net Investment Income
$671K
Distribution Amount
$976K
Total: $11.1M
Total Grants
4
Total Giving
$3.8M
Average Grant
$960K
Median Grant
$970K
Unique Recipients
1
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Supplemental ScheduleGENERAL | Various, FL | $869K | 2023 |