Giving Options

Donor Advised Funds

A Donor Advised Fund (“DAF”) is a philanthropic account administered by a qualified, public charity.  DAFs are created to make charitable donations on behalf of organizations, families, or individuals.

As a result of a contribution to the fund, Donors receive an immediate tax deduction for the full amount of the contribution.

Many people are now selecting DAF’s instead of traditional private foundations as a way to create a legacy, because of the many advantages, including:

  • Immediate tax deduction
  • Avoidance of capital gains tax
  • Ongoing charitable support decisions
  • Future funding
  • Simplified administration

Assets from a DAF can provide support to any qualified nonprofit organization.


Endowments are permanent funds established by a Donor whereby only the interest each year is used for the specified purpose of the fund.  The principal amount of the gift remains intact and is invested for long-term growth.  Donors establish endowments to ensure that their charitable purposes are accomplished in perpetuity.

Partners in Philanthropy

Is a Charter Program operated under Legacy’s Umbrella.  The purpose of the Charter Program is to provide funding to organizations and to manage the development and execution of programs around the globe.

Program Related Investments

Program-related investments (PRIs) are investments made by foundations to support charitable activities that involve the potential return of capital within an established time frame. PRIs include financing methods commonly associated with banks or other private investors, such as loans, loan guarantees, linked deposits, and even equity investments in charitable organizations or in commercial ventures for charitable purposes.


Funds are dedicated to the continued education or training of children or adults. Scholarship programs may be designed to meet certain specifications, such as supporting students in a specific area of study, rewarding academic achievement, mitigating financial need or supporting students from a particular high school.

Split Interest Gifts

A Split Interest Gift is created when an asset is divided into two pieces, with one piece kept by the donor and the other by the charity.

Advantages of Split Interest Gifts include:

  • Immediate tax deduction
  • Eliminates death income tax
  • Eliminates estate tax
  • Avoidance of capital gains taxes
  • Tax advantage income
  • Tax free money for heirs
  • Tax exempt social capital

Charitable Remainder Trusts

A Charitable Remainder Trust (CRT) is a type of Split Interest Gift that offers a number of advantages to donors who want to contribute an asset or money to charity. While the contribution by the donor is irrevocable, the donor may have some control over the way the assets are invested, and may switch from one qualified charity to another. Ultimately, the charity receives the principal after a specified period of time.

Advantages of utilizing a CRT as part of an overall financial and charitable strategy include:

  • Ongoing use of the property
  • Avoidance of capital gains tax
  • Automatic income tax deduction
  • Eliminates estate tax

Charitable Gift Annuities

Another type of a Split Interest Gift is a Charitable Gift Annuity, which is an annuity provided by a qualified charitable organization – Legacy

Global Foundation – in exchange for a donation. The annuity provides a contractual income stream purchased through the transfer of an asset such as cash or marketable securities. For example, Legacy Global Foundation might purchase a commercial annuity from a highly-rated life insurance company to insure the donor’s income benefit.

Because the annuity provider – Legacy Global Foundation – is a charity, the beneficiary receives an immediate tax deduction, and the resulting income from the annuity is tax advantage income. Beneficiaries are limited to two and payments can be made to them jointly or successively.

There are several types of Charitable Gift Annuities available, including:

  • Immediate gift annuities– Offers lifetime, fixed income and an immediate tax deduction.
  • Single-deposit deferred gift annuity– Provides the donor fixed income on a specific start date, plus increased income and an increased tax deduction.
  • Build-up deferred gift annuity– Gives the donor the ability to have multiple deposits and tax deductions.
  • Flexible deferred gift annuity– Donors have a choice of either a single deposit or a build up, multiple deposit option and a flexible income start date.

For more information on any of the Legacy Global Foundation products or services, please contact Legacy at 480.505.6248 or send an e-mail to