The Renaissance Charitable Gift Fund ("RCGF") program is a donor-advised fund offered by Renaissance Charitable Foundation Inc. (the "Foundation"). The Foundation is a public charity described in Section 501(c)(3), 509(a)(1), and 170 (b)(1)(A)(vi) of the Internal Revenue Code of 1986, as amended (the "Code"). RCGF offers donors the opportunity to make immediately deductible charitable contributions while retaining some influence on how those contributions ultimately are used. The Foundation becomes the legal owner of the funds and assets in RCGF. Accordingly, this brochure discusses contributions by donors for the purpose of establishing or adding to donor-advised funds within RCGF as being made "to the Foundation."

Donors to the Foundation have the opportunity at any time to make nonbinding, advisory grant recommendations to the Foundation regarding the charities they would like to see benefit from their contributions. The Foundation retains the exclusive discretion as to whether, and to whom, to make a grant in accordance with applicable IRS regulations

Assets held in the various donor-advised funds within RCGF are invested and professionally managed, offering the potential for contributions to grow and ultimately result in larger charitable gifts. A donor may recommend an investment advisor for the donor-advised fund. These recommendations are advisory only and are subject to review and approval by the Foundation’s Board of Directors (the "Board") pursuant to the established investment policy.

RCGF offers numerous advantages to the donor, including:

• An immediate tax deduction is available to the donor when a contribution is accepted by the Foundation;
• The donor may contribute appreciated assets, thereby avoiding capital gains;
• The donor has the opportunity to make recommendations in connection with charitable gifts from a donor-advised fund;
• The donor may recommend grants to multiple charities;
• The donor may request anonymity in connection with recommended charitable grants from a donor-advised fund; and
• No tax reporting is required by the donor.
• Donated assets may appreciate in value after their transfer to the Foundation.
• The donor may recommend an investment advisor to oversee the assets in a donor-advised fund.
• RCGF represents a cost-effective alternative to creating a private foundation.

The Foundation monitors the ongoing operations of the RCGF program and will investigate any apparent improper usage of a fund (i.e., usage for any purpose inconsistent with the purposes and programs described in Sections 170(c)(2)(B) and 501(c)(3) of the Code.

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