Privacy Policy

Effective Date: 02/01/2025

1. Introduction

LIFE CHARITABLE FOUNDATION INC. ("we," "us," or "our") is committed to protecting the privacy of our donors, fund advisors, and grant recipients. This Privacy Policy explains how we collect, use, store, and protect personal information related to our Donor-Advised Fund (DAF) program.

By contributing to or participating in a DAF with LIFE CHARITABLE FOUNDATION INC., you consent to the data practices described in this policy.

2. Information We Collect

We collect personal, financial, and transactional information to administer DAF accounts, process contributions, and facilitate grantmaking. This includes:

A. Personal Information

Name, address, email, and phone number
Date of birth and Social Security number (as required by law)
Donor-advised fund account details

B. Financial Information

Bank account and payment details for contributions
Investment details and asset types contributed to the DAF
Tax identification number for reporting purposes

C. Charitable Giving Information

Grant recommendations and recipient organizations
Communication preferences regarding charitable giving

D. Technical Information

IP address, device details, and website interactions when accessing our platform

3. How We Use Your Information

We use collected information for the following purposes:

Fund Administration: Managing contributions, investments, and grant distributions
Regulatory Compliance: Ensuring compliance with IRS and other legal requirements
Communications: Sending confirmations, tax receipts, and fund-related updates
Security & Fraud Prevention: Protecting donor information from unauthorized access and fraud

4. Information Sharing & Disclosure

We do not sell or rent donor information. However, we may share data in the following cases:

With Charitable Organizations: When processing grants on behalf of donors
With Service Providers: Trusted third parties assisting in DAF operations (e.g., payment processors, investment managers)
Legal Compliance: When required by law, court order, or regulatory authorities

5. Data Security

We employ industry-standard security measures, including encryption, secure servers, and restricted access, to safeguard donor information from unauthorized access or disclosure.

6. Data Retention

We retain donor records as long as necessary to fulfill our operational, legal, and regulatory obligations. Data may be anonymized or securely deleted when no longer needed.

7. Your Rights & Choices

Access & Updates: You may request access to or corrections of your personal information.
Opt-Out: You may opt out of marketing and promotional communications.
Request Data Deletion: Subject to legal requirements, you may request data removal.

8. Policy Updates

We may update this Privacy Policy periodically. Any significant changes will be communicated via email or posted on our website.

9. Contact Information

For questions about this Privacy Policy or your donor information, please contact:

📍 LIFE CHARITABLE FOUNDATION INC. Tax Exempt Organization Search IRS https://apps.irs.gov/app/eos/

📞 (929) 800-4040
📧 i@donoradvisedfund.us
🌐 donoradvisedfund.us