Legacy Global Foundation serves as the critical link between donors, communities and the causes they care about.
GET STARTED: OPEN A FUND
The Foundation consists of named funds established by donors - individuals, families, corporations, and organizations - that address a broad range of donor interests. A Donor Advised Fund is an account held by a public nonprofit corporation, like Legacy Global Foundation, Inc. The donor names the account, and recommends grants and other philanthropic uses for the funds.
DECIDE WHAT TO GIVE
- Cash or Cash Equivalents
- Appreciated Securities
- Closely Held Stock
- Real Property
- Tangible Personal Property
- Mineral Interests
- Life Insurance
- Mutual Funds
- Qualified Retirement Plan Assets
CHOOSE THE TYPE OF FUND
- Donor Advised Fund
- Partners in Philanthropy
- Program Related Investment
- Split Interest Gifts
CREATE YOU OWN FOUNDATIONStep One
-We create a foundation for you
-You contribute to us a tax-deductible donation
-You become an advisor for your Fund.
-You make recommendations on how the fund should be disbursed.
- Legacy Global to assist with fund administration, compliance, granting, and reporting.
With the help of our donors, we have been able to fund humanitarian, environmental, social rights, and world changing efforts close to home and around the globe.
Number of Lives Changed
Number of Organizations Supported
How Helping Others Benefits You
Few charitable planning platforms offer the versatility and administrative efficiency of a donor advised fund. A Donor Advised Fund allows the donor(s) to build and maintain a lasting social legacy, without the complexities, costs, and administrative burdens associated with private foundations.
Donor benefits include:Immediate tax deduction
Donations are fully deductible in the year they are made (up to 50% of AGI) and, depending on circumstances, may be carried forward for up to five additional years.
Avoidance of capital gains tax
When appreciated assets are donated, no capital gains are realized or reported by the donor.
Independant tax planning and charitable support decisions
Establishing and funding a Donor Advised Fund provides an immediate tax advantage, yet allows the donor to retain the right to recommend charitable grants at a later date. Donors may recommend grants in support of multiple philanthropic causes.
Once established, a Donor Advised Fund can receive gifts from any source, at anytime, resulting in an immediate tax deduction. A common source of future funds is the remainder value of a charitable gift annuity or other planned gift. You may designate your Donor Advised Fund as a beneficiary of your will or trust.
When donors establish a Donor Advised Fund with Legacy Global, they obtain the services of Legacy Global to assist with fund administration, compliance, granting, and reporting.
Types of Benefit Organizations Can Include:Assets from a DAF can provide support to:
- Legacy’s philanthropic initiatives
- Public charities
- Private charities
- Educational institutions
- Religious organizations
- Other qualifying non-profits
As children, helping and giving to others came easily and were encouraged, but somewhere between who we were then and we’ve become, everything changed. Isn’t it about time for us to finally become who we always thought we would be?