The Franklin Charitable Giving Program is a donor-advised fund offered in conjunction with Renaissance Charitable Foundation, Inc. (RCF)—an independent public charity. This program 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. Make an irrevocable donation of personal assets (cash or securities) to Renaissance Charitable Foundation, Inc.
Minimum donation = $5,000
Subsequent donation minimums =$1,000.
In addition to the satisfaction that giving to a charity can bring, you can also take an immediate tax deduction for the contribution in the year it is made.
Each time a donation is made choose from one of four pre-defined investment strategies, create your own investment strategy or default into the Franklin Growth and Income Strategy.
Donors can recommend grants to qualified charitable organizations of their choice and on their own schedule.
For more information contact your financial advisor or Franklin Templeton at (800) 632-2350 ext. 1134243.
For more information on any of our funds, contact your financial advisor 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.