Legacy Funds
You have invested your time and treasure throughout your lifetime and you want to leave a legacy. A legacy fund with the Community Foundation provides you with an opportunity to include charitable giving in your estate plans and make a difference for future generations to come.
Benefits of a Legacy Fund
| How are Legacy Funds Personalized? |
| Legacy funds allow you to make a personal plan for long-term impact on the causes and communities that are most important to you. Whether you want to distribute one-time gifts to the charities of your choice, establish endowments for sustainable support or create a charitable giving fund for family members to continue your charitable legacy - we are here to create a customized plan for you. |
| How are Legacy Funds Lasting? |
| Legacy funds allow you to share the gift of giving with future generations. Your legacy fund can engage your family, a friend or committee to continue to invest in causes they care about and pass on the joy of giving. You can also establish endowments for the nonprofits most important to you. Your continued support will allow the selected organizations to carry out their missions and contribute to the community for years to come. |
| Can Legacy Funds be Updated? |
| A legacy fund offers you the flexibility to change the causes you plan to support at any time. Because you name your legacy fund in your will or trust, you can work with the Community Foundation at no cost to adjust the causes you would like to support without the expense of revising your estate plans. |
| What Can I Contribute? |
| The Community Foundation can receive a variety of gifts to support a legacy fund including: gifts from a will or trust, life insurance policies, IRAs, 401(k) plans, real estate, charitable gift annuities and charitable remainder trusts. |
| How Can the Community Foundation Team Help? |
| Our team of charitable giving experts is here to assist you in establishing your legacy fund to meet your financial and giving goals. We will work alongside you and your professional advisors to ensure your personalized legacy fund fits into your overall estate plans. |
Learn more about Legacy Funds
Financial Facts
- A legacy fund can be established in any amount and with a variety of gift types.
- Legacy funds are free of administrative fees until assets are received.
- The ability to combine funds into professionally managed portfolios allows greater diversification of investments and access to investment vehicles that would not be possible for individual funds.
LifeTown Legacy® Society
The Community Foundation’s LifeTown Legacy® Society recognizes the forward-thinking individuals who have made the generous decision to invest in the future of the causes they care about by establishing a permanent endowment or planned gift to a charitable giving fund at the Community Foundation. Greater Des Moines may not be your hometown, but it is your LifeTown. The place where you have spent a significant part of your life, raised your family, pursued a career and developed lasting friendships. We are privileged to honor such a commitment to the future - today. Click here to view a list of LifeTown Legacy® Society members.