Adding a Successor or Beneficiary
Adding a successor or beneficiary to your BlueGive DAF ensures that your charitable legacy continues beyond your lifetime. A successor advisor can manage and recommend grants from your DAF, allowing your family or designated individuals to carry on your philanthropic values. Alternatively, you can name charitable beneficiaries to receive the remaining DAF balance upon your passing.
A successor and a beneficiary serve different roles in managing the fund after the original donor's passing:
Successor – A designated individual (such as a family member or trusted advisor) who takes over grant recommendations and manages the DAF according to their discretion.
Beneficiary – A nonprofit organization that receives the remaining DAF balance as a final charitable distribution, instead of passing control to an individual.
Donors can choose to name successors, beneficiaries, or a combination of both to ensure their charitable legacy continues as intended. This planning helps maintain your giving strategy, supports causes that are important to you, and aligns with long-term estate and tax planning goals.
To add a successor or beneficiary:
Navigate to the top right corner of BlueGive and click the Succession Plan icon:
Click Add Participant to select a Successor or Beneficiary:
Fill in the necessary personal information for the Successor or Beneficiary and include a % allocation of all assets for heirs or others to grant to their favorite charities > Click Save.
Once completed, you will see the Successor or Beneficiary populate on your profile.
You Can Always Make Changes: It’s important to remember that you can modify your Succession/Beneficiary plan at any time, even after submitting your details. This flexibility allows you to adjust your plan as your circumstances change.
Problem with Adding Participants: If you're unable to click "Add Participant," it may be because your current allocation is set at 100%. To add more participants, you'll need to adjust the percentage to less than 100%. Once you do this, you'll be able to include additional succession plans.