Global Impact Funding Trust

Transcription

1 Global Impact Funding Trust 1

2 Welcome to GIFT. One of the great dividends of financial success is the pleasure of giving back to your community, in support of a social cause, to benefit those in need or any other great number of charitable passions. Giving back affords the opportunity to make the world a better place for future generations. It can also yield important financial benefits for you, your family and your heirs. The Morgan Stanley Smith Barney Global Impact Funding Trust ( GIFT ) and its accompanying donor advised fund help make it simple for you to establish a meaningful philanthropic strategy, make contributions and designate grants, while receiving one comprehensive tax reporting statement. a wide scope for giving / p3 / Your donations go further and do more for the causes and organizations you support. simplified giving / p4 / The donor advised fund gives you greater flexibility as well as greater simplicity. investing for maximum impact / p7 / Significant expertise stands behind the asset allocation recommendations and approved investment managers in the GIFT program

3 opportunity / expansive resources A Wide Scope for Giving Opportunity Giving builds on itself. You begin by making a regular volunteer commitment at the local soup kitchen and soon you want to make sure the soup kitchen has enough food throughout the year. Your perspective then widens as you look to support organizations that are trying to eradicate hunger all over the world. Becoming a Morgan Stanley Smith Barney GIFT donor can help make your charitable donation go further and do more for the causes and organizations you support. The program can help you: Identify your goals and give you access to many of the world s leading philanthropic consultants and advisors. Develop an achievable and affordable program of giving. Research areas of charitable interest and specific charities using an extensive database of qualified nonprofit organizations in the United States. Incorporate giving into succession planning. Connect with like-minded donors to share ideas and potentially have a stronger voice. GIFT donors can recommend grants to the following types of charities: U.S. organizations that are tax-exempt public charities U.S. state and local government organizations, including schools and libraries Religious houses of worship U.S.-qualified foreign charitable organizations 2 3

4 flexibility /simplified strategies Simplified Giving Wealthy donors have many choices when it comes to giving. The donor advised fund gives considerable flexibility in terms of the type of assets that can be used. The GIFT program also simplifies the process and can be more costeffective than other alternatives. Donating outright to charities generally means giving cash or securities. With GIFT, you have more choice. The fund accepts philanthropic donations consisting of cash as well as appreciated or illiquid securities along with s-corporations, real estate, life insurance, fine art, antiques and other assets. Some types of donations are subject to board approval. The GIFT program gives you several other key advantages, including: Reduction of the costly administrative burdens of establishing and maintaining a private foundation Simpler way to designate grants not subject to the federally mandated 5% distribution rule for private foundations Capability to conduct multiple grant making decisions without additional transaction charges Simplified recordkeeping with the ability to make grants to multiple charities with one tax substantiation letter Flexibility 4 5

5 Impact impact / discipline and diversification Investing for Maximum Impact Philanthropy should be approached with the same degree of discipline and diversification as any investment plan. The GIFT board of directors ensures that GIFT not only maintains the highest fiduciary principles, but also employs a rigorous process for selecting and monitoring investment managers. GIFT donations are invested in a unified managed account platform that combines separately managed accounts, mutual funds and exchange-traded funds in a prudently diversified, cost-effective portfolio. In this way, you ll have the opportunity to increase the value of your contributions, potentially resulting in larger grants to the organizations you select. Since no two donors are exactly alike, a GIFT donor works directly with Morgan Stanley Smith Barney to select an asset allocation strategy that suits their philanthropic and investment goals, risk tolerance and time horizon. The asset allocation strategies are developed by the Global Investment Committee at Morgan Stanley Smith Barney, a team of investment professionals and economists. The professional investment management firms used in the GIFT program are selected based on a disciplined evaluation process that incorporates both qualitative and quantitative criteria. 6 7

6 It is easy to give away money. The greater challenge is to give it away effectively, so that your giving makes a difference. For more information about the Morgan Stanley Smith Barney GIFT program, visit us on the web at: Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Smith Barney Financial Advisors do not provide tax or legal advice. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, the deductibility and advisability of charitable contributions, and other legal matters. Morgan Stanley Smith Barney GIFT, Inc. is an organization described in Section 501(c) (3), of the Internal Revenue Code of 1986, as amended, and Morgan Stanley Smith Barney Global Fund Trust is a donor advised fund. Various divisions of Morgan Stanley Smith Barney LLC provide investment management and administrative services to Morgan Stanley Smith Barney GIFT. 8 9

7 Morgan Stanley Smith Barney LLC. Member SIPC. Consulting Group is a business of Morgan Stanley Smith Barney. 10/ clf cs24031??