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Charitable Vision Fund
(Complete Description)

A simple way to make a world of difference

World Vision’s Charitable Vision Fund is a donor advised fund that provides a simple, flexible, and efficient way to manage your charitable giving. You can establish a
Charitable Vision Fund by making a gift of cash, marketable securities, real estate or other assets of $25,000 or more. Using appreciated assets is especially tax-wise since it allows you to avoid capital gains on the appreciated value. This maximizes your giving dollars because it enables you to utilize the full market value of your donated asset.

While your gift is irrevocable, and is in the full control of World Vision, you can recommend that grants be made from your account in the amounts and at times you suggest. Distribution can be made to World Vision and other qualified 501(c)(3) charitable organizations, subject to World Vision’s approval. World Vision handles the rest—including all administrative details—freeing you to focus on all you hope to accomplish through your giving.

In the meantime, your donation is invested to produce income on the balance in your account. World Vision will provide you with quarterly statements summarizing investment and grant distribution activities.

If you desire, you can name other individuals to make formal grant recommendations from your account during your lifetime—thus involving children and other family in your philanthropic decision-making. Additionally, you can recommend where funds are to be distributed at your death or you can nominate other individuals to make grant recommendations after you are gone. In doing so, you can ensure that your good work is carried on after your lifetime and establish a legacy of giving in your family.

Essentially, a Charitable Vision Fund can provide you with some of the benefits associated with a family foundation, without the costs and administrative requirements normally associated with starting and managing one.

There are a number of situations where a Charitable Vision Fund will provide you with a solution to meet your goals. A Charitable Vision Fund may simply free you from paperwork and allow you to be more efficient in your giving, or provide you an alternative to a private foundation. For some people, it provides a practical way to teach their loved ones about philanthropy.

If you are looking to sell a business, liquidate real estate holdings or sell appreciated stock to balance your portfolio a Charitable Vision Fund gives you the ability to make a sizeable gift now, receive an immediate tax deduction, while allowing you the flexibility to further define your giving goals and implement them over time.

In summary:

A Charitable Vision Fund is a simple and flexible way to manage your charitable giving. It:

• Provides you with an immediate tax deduction
• Eliminates the long-term capital gains tax liability on appreciated assets
• Allows you to make a contribution now without having to decide immediately where and how the money is to be used
• Allows you to recommend grants on your timetable - eliminates year-end tax pressures
• Frees you from time-consuming paperwork to focus on your giving goals
• Gives you one easy point of contact to manage your giving to multiple charities
• Enables you to choose be recognized or remain anonymous
• Allows you to involve your family and leave a legacy of giving
• Provides many of the benefits of a private foundation without the legal, administrative or reporting requirements

Getting Started

• Fill out a simple application
• Make an irrevocable contribution of $25,000 in cash or appreciated assets to the Fund
• Sign the Charitable Vision Fund Agreement

Ongoing Activities

• Make recommendations on grant distributions to World Vision and other approved charities – determining timing, amount, recognition and designation
• World Vision acts on the recommendations, in accordance with its distribution policies
• World Vision administers the fund, writes the checks and makes the distributions in your fund’s name
• You receive documentation of all distributions made within each period, and statements on the balance of your fund
• Meanwhile, the assets in your fund grow tax-free
• You can make additional gifts of $1,000 or more to your Fund at any time
• You can involve family members in your decision-making process or give them the right to recommend distributions
• You may appoint successor advisers to continue your legacy of generosity after your lifetime

Creating a Charitable Vision Fund is a simple and flexible way to support your favorite charities today and build a lasting legacy for tomorrow.

NOTES:

• We review your recommendations for distributions, and approve them unless they would benefit you or your family, or an organization whose values are in conflict with those of World Vision’s.

For more information

E-mail us, complete the personal illustration form, or call us at 800-426-5753 so that we can assist you through every step of the process.

PO Box 9716
Federal Way, WA 98063-9716
800-426-5753 | Fax: 253-815-3174
E-mail: giftplanning@worldvision.org