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Since 2005, Franklin Charitable Giving Program has been serviced by Renaissance Charitable Foundation, an industry leader in philantrhopic charities. This donor-advised fund is a simple alternative to creating a private foundation, giving you the opportunity to make charitable contributions that are immediately deductible, and that can be invested and grow tax-free. When ready, you can make grant recommendations to charities or causes that are important to you. Families can even establish multi-generational charitable giving.
Opening an account is simple. Clients make an irrevocable donation of personal assets (cash or securities) to Renaissance Charitable Foundation, Inc. (RCF).
Minimum donation = $5,000
Subsequent donation minimums =$1,000.
In addition to the satisfaction that giving to a charity can bring, your clients can also take an immediate tax deduction for the contribution in the year it is made.
Each time a donation is made, clients choose from one of four pre-defined investment strategies or create their own investment strategy or default into the Franklin Growth and Income Strategy.
Clients can recommend grants to qualified charitable organizations of their choice and on their own schedule.
For more information, contact your financial professional or Renaissance at (800) 843-7997.
This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional or your own independent financial professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.
Franklin Templeton does not provide legal or tax advice. Federal and state laws and regulations are complex and subject to change, which can materially impact your results. FTDI cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
All financial decisions and investments involve risk, including possible loss of principal.
For more information on any of our funds, contact your financial professional or download a free summary prospectus and/or prospectus. Investors should carefully consider a fund’s investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
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