A Named Gift is a permanent recognition in the name of the donor(s) OR in honor of someone the donor or donors wish to remember. These gifts can commemorate the journeys of special individuals, couples, or the generosity of a person or family, and create a lasting legacy of supporting thousands of children in the future in our community. The minimum amount needed to establish a Named Gift is set out below. It can come from any combination of gifts made initially from individuals, friends, family – anyone who wants to support the creation of a lasting tribute. Donors may add any to gift over time to change a recognized category.
A named gift over $25,000 will have perpetual recognition and will enable the Charity Ball Association to sustain and guarantee a strong and efficient organization. The assets from Named Gifts are merged with other assets in the endowment fund and invested and managed by an independent third-party Investment Advisor with the fiscal oversight by the Legacy Foundation Board of Directors. Earnings from Named Gifts, as determined by the Board, are used to support the Charity Ball Association. The name of each gift is preserved in the Legacy Foundation’s records individually in perpetuity, and will be recognized in each Annual Report and other Foundation publications.
Gifts may be given in bequests, pledge, stocks, or check. Please see the Forms section for more information.
Each category can be in the name of, or in honor of, a person, couple or organization/foundation.
Named gifts in this category is established with a donation of $1,000,000 or more.
Named gifts in this category is established with a donation of $500,000-$999,999.
Named gifts in this category is established with a donation of $250,000 to $499,999.
Named gifts in this category may be established for gifts in the amount of $100,000 to $249,999.
Named gifts in this category may be established for gifts in the amount of $50,000 to $99,999.
Named gifts in this category may be established for gifts in the amount of $25,000-$49,999.
The Helping Hands fund is established for gifts under $25,000 in the name of, or in honor of, a person, couple or organization/foundation. These gifts will be recognized on an annual basis in the year of receipt.
The Children’s Legacy Society is established to recognize those who have advised the Legacy Foundation that they have made a bequest in their will. When a written bequest commitment in a form satisfactory to the Charity Ball Legacy Foundation Board is received from a living donor, the donor will be recognized in the Children’s Legacy Society. Once the gift is realized, the donor will be recognized in the appropriate named fund.
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