At Foster Group we encourage the charitable inclinations of our clients. Whether planning a one time gift to a specific charity or annual gifting to a variety of charities, the lifeWealth™ Donor Advised Fund is an option we are pleased to make available to you.
The lifeWealth™ Donor Advised Fund at Schwab Charitable™ was established to benefit the many Foster Group clients who are intentional in their charitable giving and who also happen to hold positions in appreciated stocks, mutual funds or other securities which are ideal assets to consider when gifting. The fund receives shares gifted by our clients along with their recommendations for grants to charities they wish to benefit. Since its inauguration in November of 2005, the lifeWealth™ Donor Advised Fund has been very popular as a convenient and tax efficient tool for charitable giving. Many charities have been pleased to be recipients of grants recommended to them by our clients through the lifeWealth™ Donor Advised Fund.
Click on the link to the right to view a Fund Fact Sheet.
Foster Group clients pay no fees to use the lifeWealth™ DAF. The value of security shares when sold may be reduced by a nominal transaction fee charged by Schwab Charitable Fund™.