iGiftFund can accept a wide range of assets. These include: Cash Publicly traded securities including stocks, bonds, mutual fund shares Restricted and controlled stock Privately-held securities (“C” or “S” Corp shares, LLC of LP interests) [...]
It cannot be used for a donor-advised fund. If you are 70 ½ years old, you may qualify for a Qualified Charitable Rollover of up to $100,000 from a traditional IRA account. The rollover can [...]
Yes. We have extensive experience in accepting complex and hard-to-value assets. Please contact us early in your planning process. Our experience in accepting complex assets is among the longest in the industry. We will work [...]
Typically, your account is open within 24 hours, and funded upon the receipt of your contribution. On some occasions (particularly if assets are being transferred from one financial institution to another), the process can take [...]
Because of iGiftFund’s public charity status, your contributions qualify for the highest tax benefits available: You receive an immediate and maximum income tax deduction. You avoid capital gains tax. Your fund is not subject to [...]
When a contribution is received and accepted, iGiftFund will deposit the proceeds of the contribution into your donor-advised fund, and will work with you or your recommended investment advisor to liquidate and reinvest the proceeds, [...]
Anyone can make tax-deductible charitable contributions to your fund. Contributions are tax-deductible for the donor and must meet the criteria outlined in the Program Description and Guidelines.
The most tax-effective contributions are appreciated securities that you have owned for more than one year. You’ll avoid any capital gains tax on the securities, and you’ll receive the highest income tax deduction available—better than [...]
A contribution becomes a donation when the assets leave your control and become the property of the iGiftFund. For a check, it’s generally the post-marked date on which it was mailed. For noncash, it’s generally [...]
Upon review, we can accept and hold assets in kind. When they’re eventually sold, you can recommend how you’d like to reinvest the proceeds.
Yes, but typically the transfer will trigger a taxable event. Consult your tax advisor first.
You can designate one or more charitable organizations as charitable beneficiaries. Or, you can distribute the account’s assets in perpetuity in your name. If you don’t select either option, iGiftFund will annually distribute 5% of [...]
We charge an administrative fee quarterly in advance to your account. These fees cover gift acceptance, investment oversight, grant-making, recordkeeping, annual audits, tax filing, quarterly statements, insurance, and various other operating expenses. We charge any [...]
You can create an investment program that’s tailored to your individual goals and objectives. iGiftFund works with all custodial platforms, and each investment account is separated and can be individually managed on your familiar investment [...]