Build a charitable legacy

Whether the goal is to foster a family giving tradition or to continue providing support to charities beyond one's lifetime, the Gift Fund allows donors to name both individuals and charitable organizations as "successors." This includes an option for staged giving through the Endowed Giving Program. Any combination of successors can be named.

Individuals

By recommending one or more individual successors, donors can pass on the Giving Account to someone who will assume the opportunity to make contributions and the privilege of recommending grants. The successors can then pass the Giving Account to the next generation, creating a charitable legacy.

Charitable Organizations

Donors can recommend one or more of their favorite qualified charities as the successors to the Giving Account. Upon the donors' death, the designated organizations will receive the lump sum proceeds of the Giving Account.

Endowed Giving Program

If donors wish to have an ongoing giving plan take effect after their death, they can recommend that the Gift Fund make regular grants once or twice a year, for five years or more, to their favorite charities.

This can be useful for estate planning as the Gift Fund can accept contributions of trust assets for the program, which can help offset estate taxes while supporting important charitable causes.

The Endowed Giving Program at a glance:
Minimum Giving Account balance	Balance of more than $100,000 at activation1
Sources of funding	Giving Account balance at death, contributions from an estate, contributions from individuals
Beneficiaries	Up to six IRS-qualified charities
Frequency and duration of grants	Once or twice a year for five years or more, possibly into perpetuity1