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Manage Your Charitable Giving

Whether making a large gift for tax purposes or starting a family tradition of generosity, managing your philanthropy through the AMG Charitable Gift Foundation is both beneficial and advantageous.

Simplify Giving. Establishing a private foundation takes as long as eight months, requires IRS approval, costs thousands of dollars in legal fees, requires a 5 percent annual distribution and often calls for a large minimum contribution.

Working with the AMG Charitable Gift Foundation is an easy, inexpensive and convenient alternative: you need only contribute a minimum of $5,000. This allows you to take advantage of the tax benefits of charitable giving sooner rather than later.

Additionally, the AMG Charitable Gift Foundation does not require you to make an annual contribution to your account. You do not have to make annual charitable distributions, nor is your account subject to annual excise taxes.

Flexibility. We also give you the flexibility to recommend the timing and frequency of your donations. You can recommend a one-time gift or request recurring distributions to be made on a monthly, quarterly, semi-annual or annual basis. Because the AMG Charitable Gift Foundation is not required to make an annual distribution, you can also request that your contributions grow tax-free to gift at a later date. Also, adult children related to the account holder may make distribution recommendations on your behalf.

Professional Investment Management. The AMG Charitable Gift Foundation relies on the investment expertise and analysis provided by AMG National Trust Bank to select and manage appropriate investments for its accounts.

Investment products: Not FDIC insured • No bank guarantee • May lose value