Family Legacy Fund

A Wide Range of Gift Assets Accepted
Most charitable gift funds only accept cash and publicly traded securities because they do not have the mechanisms for dealing with other assets, such as real property, small businesses and closely held stock. The Family Legacy Fund is open to accepting a wider variety of gifted assets after a thorough examination of their title, value, marketability, maintenance requirements and other features as well as a review of their suitability for the type of gifting technique you desire.

More Choice in the Management of Assets in Tax-Exempt Trusts
Tax-exempt trusts have become a popular gift vehicle because they may enable donors to reduce income, capital gains and estate taxes; increase cash flow; provide for their loved ones; and make a gift to a charity or their own family endowment fund. Most charities and community foundations serve as trustees of tax-exempt trusts, take full control of the trust’s assets and do not welcome donors or advisors’ involvement in the investment of those assets during the trust term. The Family Legacy Fund does not manage investments, nor provide money management or investment services for tax-exempt trusts. We respect the relationships donors have with their financial advisors and have crafted a trust administration system that allows donors to serve as trustees of CRTs and to retain the investment management services of their most trusted financial advisors if they so choose.

For information on family foundations, tax-exempt planning strategies and Family Legacy Fund’s services, please call 510-428-3362 or email alee@mail.cho.org