Family Legacy Fund

Family Foundations Made Easy
With a minimum of $20,000, you can establish an Advised Family Foundation (also known as a donor advised fund) at Family Legacy Fund, enjoy the tax advantages of giving to a public charity and avoid the burdensome requirements of establishing a private foundation. You and your family can exercise an advisory role over the distribution of the foundation’s income to a range of special interest fields or charities. The foundation can operate as an endowment for one-two lives or a term of years. You can choose those programs within a range of special interest areas that would benefit from the endowment income at the time of the fund’s creation or on an annual basis. Click here for instructions and forms for setting up your donor advised fund.

A Turnkey Program for Tax-Exempt Trusts
The Family Legacy Fund aims to simplify the charitable giving process and manage the most complex components of tax-exempt trusts for donors. Because the U.S. Tax Code demands an extremely high level of competency and specialization, we use recognized experts in the creation, management and administration of tax-exempt trusts. All donors and/or their financial or legal advisors need to do is to call us and our team will orient them to tax-exempt trust combinations that help address their personal goals. Once the decision to create a tax-exempt trust is made, our team will help execute the necessary paperwork to create the trust, calculate the income tax deduction, file all necessary reports, pay the trust distributions to the beneficiaries and perform other services required by law for the maintenance of the trust.

For information on family foundations, tax-exempt planning strategies and Family Legacy Fund’s services, please call 510-428-3363 or email alee@mail.cho.org