CLF's primary giving tool is called the CLF Giving FundSM, which is similar in many ways to a private foundation except that it is much simpler to create and manage. The CLF Legacy FundSM is an enhanced type of Giving Fund in which CLF assumes greater responsibility to ensure that your giving intent and granting desires are carried out faithfully after your death.
While you are living, CLF works with you to create a customized giving plan about how much you would like to give, how often, to which ministries, etc. After your death, CLF supervises a Legacy Advisory Committee, with members that you pre-selected, to ensure that all granting activities are consistent with the desires you previously established in writing.
CLF Legacy Funds provide you:
A partner (CLF) that can provide oversight to your giving intent, either while you are living or after your death
A way to continue giving beyond your lifetime in an ongoing manner, rather than simply a one-time “lump sum” distribution of charitable dollars at death
A way to ensure that your giving is carried out either in perpetuity or for a fixed timeframe
A way to prevent successors from changing your giving wishes (ensuring that your giving intent is faithfully carried out by your heirs or others)
A way to partner with a like-minded organization such as CLF, who will be conscientious in the management of the Legacy Fund with a sound asset protection strategy
A way to protect against the distribution of grants to organizations that stray in some manner from their theological roots or organizational effectiveness, or are otherwise involved in some source of impropriety
Passing down a legacy of giving ...just one of the many ways that individuals and families are furthering the Gospel of Jesus Christ through the CLF Legacy Fund.
Learn more about the CLF Legacy Fund through the links on the left bar.
