LFL NAMED ENDOWMENTS

Yes. Once you contribute to your fund, the gift is final and the assets can only be used for charitable purposes. That permanence is what makes you eligible for a tax deduction in the year you give.

Learn for Life Foundation, as a public charity, legally owns and oversees the assets. You and any successors you name serve as advisors and recommend how the money is invested and granted.

$10,000 paid over three years.

Yes. You can name children, grandchildren, or others as successor advisors so your fund can continue supporting your family’s giving across generations. You can also direct what happens to the remaining balance at the end of the succession.

Yes. Through Learn for Life Foundation, you can recommend grants to qualified international organizations, which gives you more flexibility than many Named Endowment sponsors offer.

Cash, publicly traded stock, and other assets such as private business interests, real estate, or stock compensation like RSUs and options, depending on what LFL and LIDO can accept. Contributing appreciated assets can let you avoid capital-gains tax on the appreciation.