| Christian Legacy Foundation's primary giving solution is the CLF Giving Fund®. This Fund is similar to a private foundation in many ways, but it is much easier to create and manage and free of many IRS filings and restrictions. It also comes with better tax advantages. Think of a Giving Fund as a brokerage account – but instead of investing in companies by buying stocks and mutual funds, you’re investing in God’s Kingdom by giving to the ministries and causes closest to your heart. You make tax-deductible gifts into your Fund, and then you recommend grants from that Fund over time. How it works: - Start your CLF Giving Fund today by filling out a short application form on our website (click the link on the top-right side of this page) or calling us for a print version. It’s fast and easy to do.
- Make a suggested initial contribution of $10,000 or more in assets. You can generally take an immediate tax deduction for your gift and contribute as often as you like.
- Depending on the size of your balance, your Fund has the potential to grow tax-free through one of our investment portfolios.
- Recommend grants to charities from your Fund by going online or contacting CLF . You can take months – even years – to decide which causes to support, and CLF sends the grant checks out for you.
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