BETA

BANK OF AMERICA FDN MC NAUGHTON: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
BANK OF AMERICA FDN MC NAUGHTON (EIN 59-6142753)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-26
IRS object ID
202641469349100514
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-26T10:54:55-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN831270393PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MILLER & MILLER PA CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15660 MARQUESAS CIRAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34233ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN596142753EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BANK OF AMERICA CLIENT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBANKBusinessNameControlTxt
Phone8888663275PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 653067AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP752653067ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBANK OF AMERICA NAPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9044643651PhoneNum
Signature2026-05-05SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC A MILLERPreparerPersonNm
PTINP00191927PTIN
Phone9413664152PhoneNum
Preparation2026-05-20PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$23,469,204FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$614,373DividendsRevAndExpnssAmt
Dividends Net Invst Incm$614,373DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$761,629NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,277,723GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$761,629CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,376,002TotalRevAndExpnssAmt
Total Net Invst Incm$1,376,002TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$221,284CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$132,770CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$88,514CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$9,725AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$9,725AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$71,835OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,503OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$43,332OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$32,598TaxesRevAndExpnssAmt
Taxes Net Invst Incm$32,598TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$335,442TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$203,596TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$131,846TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,370,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,370,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,705,442TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$203,596TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,501,846TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$329,440ExcessRevenueOverExpensesAmt
Net Investment Income$1,172,406NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$792,181SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$258,695SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$258,695SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$8,526,465CorporateStockBOYAmt
Corporate Stock EOY$8,892,877CorporateStockEOYAmt
Corporate Stock EOYFMV$20,119,346CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,801,792CorporateBondsBOYAmt
Corporate Bonds EOY$2,639,438CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,496,772CorporateBondsEOYFMVAmt
Other Investments BOY$584,343OtherInvestmentsBOYAmt
Other Investments EOY$584,343OtherInvestmentsEOYAmt
Other Investments EOYFMV$594,391OtherInvestmentsEOYFMVAmt
Total Assets BOY$12,704,781TotalAssetsBOYAmt
Total Assets EOY$12,375,353TotalAssetsEOYAmt
Total Assets EOYFMV$23,469,204TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$12,704,781NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$12,375,353NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$12,704,781TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,375,353TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,704,781TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,375,353TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,704,781TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$329,440ExcessRevenueOverExpensesAmt
Other Increases$1,591OtherIncreasesAmt
Subtotal$12,376,932SubtotalAmt
Other Decreases$1,579OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$12,375,353TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SALE OF PUBLICLY TRADED SECURITIESP$438,019$503,341-$65,322-$65,322
SALE OF PUBLICLY TRADED SECURITIESP$1,766,213$1,012,753$753,460$753,460
FieldValueIRS element (for citing)
Capital Gain Net Income$761,629CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$16,296InvestmentIncomeExciseTaxAmt
Subtotal$16,296SubtotalAmt
Tax Based On Investment Income$16,296TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$19,200EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$19,200TotalPaymentsAndCreditsAmt
Overpayment$2,904OverpaymentAmt
Applied To ES Tax$2,904AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressFDNWEB.ORG/BOACFWebsiteAddressTxt
Individual With BooksANDREW DAVISIndividualWithBooksNm
Phone9806832362PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1NC1-028-26-09AddressLine1Txt
Address Line2150 NORTH COLLEGE STAddressLine2Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28255ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BANK OF AMERICA NABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40200 FL9-300-01-16AddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP322030200ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$221,284CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1FIRST CONGREGATIONAL CHURCH 2025 BENEFICIARY DISTRIBUTIONS FROM THE HARRY C & ETTA A MCNAUGHT MEMORIAL FUND.Description1Txt
Expenses1$98,334Expenses1Amt
Description2ALL FAITHS FOOD BANK 2025 GRANT AWARD FROM THE FREDERIC W AND MARGARET E KURTZ FUND.Description2Txt
Expenses2$72,000Expenses2Amt
Description3TSIC OF SARASOTA COUNTY, INC. 2025 GRANT AWARD FROM FREDERIC W AND MARGARET E KURTZ FUND.Description3Txt
Expenses3$42,790Expenses3Amt
Description4FAMILY PROMISE OF SOUTH SARASOTA 2025 GRANT AWARD FROM RICHARDSON FOUNDATION FUND.Description4Txt
Expenses4$33,076Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$22,457,738AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$635,631AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$23,093,369TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$23,093,369AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$346,401CashDeemedCharitableAmt
Net Vl Noncharitable Assets$22,746,968NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,137,348MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,137,348MinimumInvestmentReturnAmt
Tax Based On Investment Income$16,296TaxBasedOnInvestmentIncomeAmt
Total Tax$16,296TotalTaxAmt
Distributable Before Adj$1,121,052DistributableBeforeAdjAmt
Distributable Before Ded$1,121,052DistributableBeforeDedAmt
Distributable As Adjusted$1,121,052DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,501,846ExpensesAndContributionsAmt
Qualifying Distributions$1,501,846QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,121,052DistributableAsAdjustedAmt
Undistributed Income PY$127,058UndistributedIncomePYAmt
Qualifying Distributions$1,501,846QualifyingDistributionsAmt
Applied To Year1$127,058AppliedToYear1Amt
Applied To Current Year$1,121,052AppliedToCurrentYearAmt
Remaining Distri From Corpus$253,736RemainingDistriFromCorpusAmt
Total Corpus$253,736TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$253,736ExcessDistriCyovToNextYrAmt
Excess From Current Year$253,736ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonBANK OF AMERICA CLIENT FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1C/O STEPHANIE NAVASAddressLine1Txt
Address Line21 FINANCIAL PLAZA RI1-537-10-04AddressLine2Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Recipient Email AddressSTEPHANIE.NAVAS@BOFA.COMRecipientEmailAddressTxt
Form And Info And MaterialsSEE STATEMENT FOR LINE 2AFormAndInfoAndMaterialsTxt
Submission DeadlinesSEE STATEMENT FOR LINE 2ASubmissionDeadlinesTxt
Restrictions On AwardsSEE STATEMENT FOR LINE 2ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE SUPPLEMENTAL SCHEDULEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE SCHEDULEAddressLine1Txt
CityVARIOUSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34236ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeGENERALGrantOrContributionPurposeTxt
Amt$1,370,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,370,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$614,373ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$73,491ExclusionAmt
Related Or Exempt Function Incm$688,138RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$687,864ExclusionAmt
Related Or Exempt Function Incm$688,138RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,376,002TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$9,725Amt
Net Investment Income$9,725NetInvestmentIncomeAmt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationFILING A COPY OF THE FORM 990-PF IS NOT REQUIRED PER FLORIDA STATUTE 220.0 3ExplanationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondFIXED-INCOME FUNDSBondNm
EOY Book Value$2,639,438EOYBookValueAmt
EOYFMV$2,496,772EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCOMMON STOCKStockNm
EOY Book Value$8,892,877EOYBookValueAmt
EOYFMV$20,119,346EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemHEDGE FUNDS SPECIFIC STRATEGYCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$584,343BookValueAmt
EOYFMV$594,391EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
TAX COST ADJUSTMENTS$1,577
ROUNDING$2

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
OTHER ADJUSTMENTS$1,540
OTHER ADJUSTMENTS$51

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
GRANTMAKING FEES$43,332$43,332
INVESTMENT ADVISORY FEES$28,503$28,503

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAXES$3,592$3,592
FEDERAL EXCISE TAX$9,806$9,806
FEDERAL ESTIMATED TAX$19,200$19,200

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