Give a Major Gift

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Major Gifts create Major Impacts.

 

Providing a major gift to an organization like ours can create impacts on multiple levels in the fight to save our public schools and ensure access for children to a stress-free education. Major gifts fund named scholarships, grants, special programs, community partner programs, and advanced research projects in our NalaNET program, offering real-world experience to our next generation of innovators. The Franklin Foundation is entrusted with major gifts over $25,000 from individuals who recognize the stake they have in this fight, corporations, and other foundations. These philanthropists recognize that The Franklin Foundation for Innovation’s methodologies and approaches to philanthrocapitalism represent our brightest hope for turning the tide on the eroding of our public education infrastructure through programs and solutions aimed at improving community engagement, increasing access, inspiring innovation, and influencing change from the state house to the White House.


Contact us to discuss all the ways in which your major gift can create major impacts in your community and beyond. Our Major Gifts team will answer any questions you may have, and help develop a strategy to ensure your gift fuels your lasting legacy. Email us at majorgifts@franklinfound.org today.

Information on Planned Giving:

How Donations are Used
Endowments
Planned Giving Options
We pride ourselves on the management of an efficient philanthropic organization. A minimum 90% of all individual donations received are applied directly to Foundation programs or specified community partners (in the case of a restricted donation).

Foundation Program Allocation

As an individual donor your gift to the Foundation’s General Fund helps provide training to parents of public school children who could use help extending learning from the classroom to the living room, aids public school children in experiencing STEM careers firsthand through the aid of a mentor, provide no-cost education grants to aspiring and current public school teachers, and creates opportunities for young girls to gain in-depth knowledge about STEM fields they are not normally exposed to.

Restricted Allocation

Individual donors who give to specific community partner programs help to ensure continuous and consistent funding for high-performing community-based programs operating in their neighborhoods in a variety of targeted and public education-centric roles.

Tax Deductibility

The Franklin Foundation for Innovation is a registered 501(c)(3) organization based in Pennsylvania. We are listed as a public charitable foundation. All donations are 100% tax-deductible under most circumstances. We advise all donors to seek the advice of a tax professional regarding charitable gifts.

Endowments

The Franklin Foundation for Innovation’s Franklin Fund provides stable and dependable funding for our organization’s core programs and community partner programs. With an initial gift of $100,000 or more, you can create a named fund within The Franklin Fund. Disbursements from your fund can be directed to support programs and initiatives you choose. Contributions from your named fund can be made during your lifetime or through bequests. An endowed gift to The Franklin Foundation for Innovation is a social investment in public education and ensuring access to it for all American children.

Wills & Living Trusts

Wills and Living Trusts offer a simple flexible way to ensure the funding of critical programs while leaving a lasting legacy in the form of a charitable bequest. Bequests from wills and living trusts entitle your estate to an unlimited federal estate tax charitable deduction.

Charitable Lead Trusts

Charitable lead trusts allow donors to benefit from the tax savings that result from supporting The Franklin Foundation without having to directly endow assets.
Charitable lead annuity trusts pay a fixed amount each year to The Franklin Foundation and can be more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, the value of the trust’s assets determines the value of payments to The Foundation.

Wills & Living Trusts

For Donors with a sizeable estate looking for ways to receive reliable payments, a charitable remainder trust may offer the best mix of short and long-term benefits.
Benefits of a charitable remainder trust include:
  • A partial charitable income tax deduction
  • Potential for increased income
  • Up-front capital gains tax avoidance
There are two ways to receive payments with charitable remainder trusts:
The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

Next Steps

  1. Contact our Major Gifts team via our contact form or by sending an email directly to majorgifts@franklinfound.org for additional information and assistance setting up your major gift.
  2. Seek the advice of a tax professional or CPA.
  3. Should you decide to include The Franklin Foundation in your planned giving, please use our legal name and Federal Tax ID.

Legal Name: The Franklin Foundation for Innovation, Inc.
Address: 201 King of Prussia Rd, Radnor, PA 19087
Federal Tax ID: 47-2065435

Please Note:

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Individual state regulations governing charitable gift annuities may apply. Consult a tax or legal professional for assistance in your state.