Glossary

Annual Contributions
Charitable contributions to a private foundation or public charity, including a public charity with a donor-advised fund program.

Annual Grants to Charity
Distributions made from a private foundation or a donor-advised fund to eligible charitable recipients.

Asset Allocation
Asset Allocation is the diversification of investments across categories of assets (asset classes) such as short-term investments, stocks and bonds, as well as other asset classes including real estate, precious metals, and collectibles.

Different asset classes tend to offer different return and risk tradeoffs. Generally the greater the stock allocation, the greater the potential for long-term returns and the greater the risk of volatility and losses, especially over the short term.

Direct Contributions
Charitable contributions made to charity, in cash, from a taxable account.

Note: The cost of providing liquidity, such as selling portfolio positions, rebalancing, or paying tax on dividends and capital gains, are not included when calculating direct gifts to charity.

Expected Income Tax Bracket
Marginal tax bracket that should be used to determine the income tax benefit of charitable contributions made to a charitable planning solution and for direct contributions.

Initial Contribution
Amount of first charitable contribution that will be provided to establish a charitable giving solution such as a private foundation or a donor-advised fund.

Remaining Balance
Charitable balance remaining in a charitable giving solution at a future time, less than the calculator maximum, and which may be part of an enduring charitable legacy plan. The calculator provides a projection of up to 50-years of charitable distributions.

This value is provided only as a point of reference. There is no requirement to stop a plan at any period.

Long-Term Capital Gains
Portion of the charitable contribution that represents eligible, long-term capital gains. Long-term capital gain is an increase in the value of a capital asset held for more than one year that gives it a higher worth than the price at which it was acquired.

Total Taxes Saved
Combination of potential income taxes saved and capital gains tax avoided (if applicable) by making charitable contributions utilizing a charitable giving solution.

Total Years of Support
Duration that your charitable contributions will support a stream of grants to an end-charity based on information you provide.