Morgan Stanley Global Impact Funding Trust (MS GIFT)

Morgan Stanley

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You may recommend grants to foreign charaties and MS GIFT exercises “expenditure responsibility” over the recommended grant. This process, which is mandated by federal tax law, requires MS GIFT to exercise reasonable efforts and establish adequate procedures to see that the grant is spent solely for the purposes that it is made.

Donors may make irrevocable and nonrefundable gifts of cash, marketable securities, freely transferable restricted stock and exercised options. Other non-liquid “complex” assets such as real estate, closely-held business interests, life insurance, artwork, and other collectibles may be accepted at the discretion of the MS GIFT’s Board of Directors.

When an individual creates an Account, he or she may name one or more Grant Advisors , other than Financial Advisor(s), who, during the donor’s lifetime, have the authority to recommend grants from the Account.

MS GIFT is independent of any religious or political organizations.

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The Fund expects that its grant distributions will be equal to or exceed 5% of its average net assets on a fiscal five-year rolling basis.

A grant must be made at least every 5 years.

Grants cannot be made to private non-operating foundations, certain types of supporting organizations, or to individuals. Other restrictions may apply.

Upon approval of a grant request, the grant check and an accompanying letter sent to the recommended organization will identify the name of the Account from which the grant was made, unless the donor has requested anonymity.

You have a choice of 4 traditional risk-based portfolios, two Investing with Impact portfolios and two ETF portfolios, as well as a money market fund. You may also split the contributed assets among the various investment options. Accounts over $250,000 are eligible for customized investment strategies.

Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.

A class-action lawsuit was filed against Morgan Stanley in July 2020 over two security breaches that compromised the personal data of approximately 15 million of its customers. According to the plaintiffs, data center equipment decommissioned by Morgan Stanley in 2016 and 2019 was not wiped clean properly. Morgan Stanley agreed to pay $60 million to settle the legal claim.

$100 on the first $37,000; 0.27% on the next $37,000.01- $1,999,999; 0.2% on the next $2,000,000-$4,999,999; 0.15% on the next $5,000,000-$9,999,999; 0.13% on the next $10,000,000-$24,999,999; 0.11% on the next $25,000,000-$49,999,999; other flat fees for $50 million and greater

Dedicated team for support. • 855-865-GIFT • MSGIFT@reninc.com

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