Legal Page

Charitable Foundation USA ("CFUSA") is a tax-exempt public charity under IRC Section 501(c)(3). For our contact information, click here.

CFUSA has three programs: (1) "The Planned Giving Program," (2) "Eco City USA - A social capital research & development fund
®" - also known as the "ECUSA® Fund" and (3) "Cohesion USA™" - a program of adult education and action.  For more information about the second and third programs, please contact us.

The Planned Giving Program (the "Program") is shared by multiple domestic United States public charities and donors (as defined hereinafter). The 
Wise Accounting Group, LLC, an independent certified public accounting firm, provides services to CFUSA.

Who may participate?

The donor and/or his or her spouse must be a citizen or permanent resident of the United States (the "Donor"). Recipients of grants must be domestic public charities recognized by the Internal Revenue Service as "public charities," sometimes referred to herein as "Grantees."

Governing Documents - Maximum Flexibility

Each gift by the Donor to CFUSA is governed exclusively by an outright gift, endowment gift, donor advised fund, charitable remainder trust, charitable lead trust, gift annuity, pooled income fund, life estate, charitable living trust or other gift-agreement (an "Agreement"). Except for charitable gift annuities and pooled income funds, an Agreement is exclusively between the Donor and CFUSA for the benefit of the public charities specified by the Donor ("Charitable Beneficiaries"). The Program's standard Agreements have been drafted with the intention of maximizing philanthropic flexibility to the greatest extent possible as permitted by the Internal Revenue Code and the rules and regulations of the Internal Revenue Service. Accordingly, another United States domestic public charity may be substituted for CFUSA in most cases. Except as explicitly stated in a given Agreement, the Program does not intend to lock-in the Donor or the Charitable Beneficiaries to the exclusive use of only CFUSA services.

Gifts made by Donors to CFUSA or via CFUSA are not solicited by CFUSA or the Charitable Beneficiaries. Donors voluntarily make gifts on their own initiative and for their own philanthropic purposes. Each gift transaction is governed solely by the Agreement the Donor signs at the time of making a gift. Gifts become irrevocable (i.e., "you can't get your money back") only at the time assets are transferred by the Donor to CFUSA.

Charitable Foundation USA ("CFUSA")

CFUSA is organized and operated exclusively for charitable purposes as set forth in Section 501(c)(3) of the Internal Revenue Code of 1986. It is authorized to negotiate and receive contributions, gifts, bequests, and devises of real and personal property, outright or in trust, to be paid to or held in trust for itself or other organizations which are described in Section 501(c)(3), and to serve as trustee of any such trust. CFUSA is also authorized to hold, administer, purchase, lease, sell, manage, convey, invest, pay, mortgage, exchange and receive property, real and personal, on its own behalf or as trustee or custodian.

The Internal Revenue Service has determined that CFUSA is a tax-exempt organization described in Section 501(c)(3), and that it is a publicly supported organization – not a private foundation - under Sections 509(a) and 170(b)(1)(A)(vi). Donors may deduct contributions to Charitable Foundation USA as provided in Section 170. Bequests, legacies, devises, transfers, or other gifts to or for the use of CFUSA are deductible for federal estate and gift tax purposes to the extent permitted under Sections 2055, 2106, and 2522.

CFUSA is not a "community foundation" limited by Regulations 1.170A-9(e)(10) – (14). These regulations prohibit a "community foundation" from accepting materially restricted gifts. The board of directors of a "community foundation" must have discretion about how they use gifts. CFUSA on the other hand, is legally obligated to follow the Donor's restriction, if any.

Privacy Policy

CFUSA keeps information Donors provide through charitable gift applications and other forms and Agreements, including information about grant-making confidential. However, for donor recognition purposes, the normal practice of CFUSA is to identify the source of grants to the Grantees receiving them, except where the Donor or his or her designated steward ("Steward") has requested anonymity. Stewards and investment professionals who may be appointed by CFUSA at the Donor's suggestion may have access to confidential information appropriate for their respective roles on behalf of CFUSA and/or the Donor.

Website Terms of Use

The information on this site is offered "AS IS" for the use and convenience of visitors without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. Information on this website may contain inaccuracies or errors. Information may be changed or updated without notice. Neither CFUSA nor the Charitable Beneficiaries have any obligation to update information presented on this website; therefore, information contained herein may be out of date at any given time. Changes, revisions or enhancements to charitable products, services, account or fund information described in this site may occur at any time without notice. Neither CFUSA nor the Charitable Beneficiaries are rendering any legal or professional service by placing information on this web site. All viewers of the information on this website regarding charitable products, services, account and fund information should contact CFUSA at its headquarters during normal business hours before making any decisions based on information found in this website. This website is not designed to advance, solicit or offer any particular charitable product or service. Any such reference to charitable products or services is purely for illustrative and informational purposes. Unauthorized copying, reproduction, transmitting, duplication, or use of the information on this website is prohibited.

Revised: June 23, 2017