The new platform enables charitable fund sponsors to offer endowment-style legacy funds with flexible investments, automated compliance, configurable distributions, and support for private assets.
Give Interactive, LLC announced the launch of Give Legacy Fund, a new platform for perpetual giving vehicles. Give Interactive is a financial technology platform built for the investment management complexity of charitable giving vehicles. Give Legacy Fund lets charitable fund sponsors offer individual families their own perpetual giving and estate legacy vehicles, at scale.
Perpetual, endowment-style giving has always been an institutional idea. Universities, hospitals, and large foundations hold funds forever, governed by formal spending policies set by a board. Individual families who wanted that same "give forever" structure had few real options: build a private foundation, or ask a sponsor to hand-build a one-off arrangement, usually reserved for only their largest relationships. Give Legacy Fund changes that. It takes the investment structure and spending discipline of an institutional endowment and turns it into a product any charitable fund sponsor on the Give Interactive platform can offer an individual family, sized to that family's own giving strategy.
Give Legacy Fund lets a family, not just an institution, set up a named legacy fund with the same structural building blocks large endowments use, on a scale and timeline that fits their own estate and giving plans:
- Flexible investment structures. Portfolios can be built as commingled or pooled investment strategies, direct private equity and other direct private investments, separately managed accounts (SMAs), or any combination of the three. That flexibility lets sponsors serve a far wider range of family investment preferences without building or licensing separate infrastructure for each account type.
- Configurable distribution rules, built to run in perpetuity. A designated grant module lets fund holders set distribution as a fixed dollar amount, a percentage of fund value, or a blend of both, so payout rates flex with investment performance while preserving corpus. Once set, these rules run indefinitely without ongoing manual administration, letting sponsors sustain the relationship and the fund's integrity across future generations.
- Built-in compliance automation. The platform manages the compliance work sponsors currently manage by hand or outsource: §4943 excess business holdings monitoring, spending policy and prudent spending rate compliance, distribution and corpus preservation tracking, and minimum balance thresholds. This has historically been the biggest reason sponsors couldn't offer perpetual funds beyond their largest relationships.
- Bulk rebalancing across funds. Administrators set target allocations for each fund, then rebalance an entire book of funds back to target in a single action, replacing the fund-by-fund manual process sponsors rely on today.
- Private equity and alternative assets support. Dedicated product management modules allow administrators to build and manage longer-duration public and private portfolios directly on Give's system, so sponsors can support the multi-decade investment horizons true endowments require without adding outside vendors or manual workarounds.
- Its own fee schedule. Give Legacy Fund can be priced and billed as its own product line, separate from a sponsor's standard DAF fee structure. That gives administrators a new, dedicated revenue stream.