Global Gift Fund™

The MDRT Foundation has established a new service, Global Gift Fund™ , as a vehicle for charitable giving. This service introduces the opportunity to create your own individual family foundation, from which you can support your favorite charities for generations to come. The MDRT Foundation developed the concept for the Global Gift Fund as a charitable planning tool for MDRT members and their clients to fulfill their charitable goals. Administered under the tax umbrella of the MDRT Foundation, participants get the long-term legacy, without the administration or legal hassles.

The Foundation recognizes the special relationship that MDRT members have with their clients. The term DonorAdvisor™ was developed for the Global Gift Fund to define those professionals who are committed to providing an informational and educational philanthropic service for their clients through the MDRT Foundation.

Through this program, DonorAdvisors and their clients can make a current contribution, obtain an immediate tax deduction, and benefit charitable organizations recommended by the donor, worldwide, for generations to come. Giving through the Global Gift Fund is consistent with wise tax planning and wise charitable giving.

Anyone can create a charitable fund with an irrevocable contribution. Donors may include the following:

  • MDRT members
  • Clients of MDRT members who are seeking a charitable vehicle
  • Individuals referred by other insurance-based financial planning professionals

The minimum contributions for donors is as follows:

  • $5,000 for MDRT members
  • $10,000 for clients of MDRT members or individuals referred by other professionals

The MDRT Foundation is both required and committed to the management of endowment funds to preserve principle and to maintain the continuity of grant-making in the interests defined by the donor. Grants may be made only to qualified 501(c)(3) organizations or to U.S. state and local government organizations that are qualified to receive charitable contributions. Grants may not be made to an individual, private foundation or be used to fulfill a pledge, support political causes or lobbying.

For more information or to inquire on how to establish a fund in your family’s name, visit the Global Gift Fund website: http://www.globalgiftfund.org.