Donor-advised funds
The Paramount Legacy Fund
A donor-advised fund with the personal advisory of a boutique firm — not just an online account. Open, fund, and grant with a strategy built around your family's values.
Why families choose a Legacy Fund
You make an irrevocable charitable contribution, receive an immediate tax deduction, and recommend grants to qualified charities over time. Assets grow tax-free inside the fund while you decide where to give.
Cash AGI limit
Up to 60%
Appreciated property
Up to 30% AGI
Min. grant
$75
Annual payout rule
None (vs 5% PF)
- No minimum to open a Legacy Fund
- Dedicated philanthropic advisor
- Real-time client portal
- Anonymous grant option
- Successor advisor designations
- Accepts cash, securities, real estate, crypto
- Grant recommendations typically 5–7 business days
- Coordinates with your legal, tax, and wealth team
DAF vs. private foundation
| Legacy Fund (DAF) | Private foundation | |
|---|---|---|
| Setup cost & complexity | Low | High |
| Annual distribution | None required | 5% of assets |
| Excise tax on income | None | 1.39% typical |
| Privacy of grants | Private | Public on 990-PF |
| Cash deduction limit | 60% AGI | 30% AGI |
| Admin burden | Sponsor handles | Board + staff |
Ready to open a Paramount Legacy Fund?
Portal access typically within 3–5 business days after intake and contribution.