PROGRAM GUIDELINES: THE TIFIN GIVE DONOR ADVISED FUND (DAF)

We are grateful you have chosen to facilitate your charitable giving through The TIFIN Give DAF Program and congratulate you on the impact you will be making in the world. These Program Guidelines set forth the policies and procedures for establishing a Donor Advised Fund (“Giving Fund”) and the terms and provisions governing the administration of each Giving Fund.

TIFIN Give has partnered with GiveClear Foundation as the 501(c)(3) Donor Advised Fund Sponsor and TIFIN Give as services and technology provider. TIFIN Give and GiveClear envisions a new model of philanthropy - a transparent system at your fingertips connecting people to trusted non-profits at scale - empowering people of any means to give and support effective change. The TIFIN Give DAF program delivers an inspiring charitable giving experience through innovative technology, bringing additional accountability, transparency, and effectiveness to philanthropy.

Contributions to your Giving Fund are irrevocable when received and accepted by the DAF sponsor, which retains exclusive legal control over contributions. Donors may not receive any goods or services in exchange for, or in consideration of, any contributions.

All activities of GiveClear and all participation by Donors are subject to these Donor Advised Fund (DAF) Program Guidelines and the policies referenced within.

All prospective Donors should consult their legal, accounting, and/or tax advisors regarding any implications of participation in The TIFIN Give DAF Program.

GiveClear Foundation is a 501(c)3 organization EIN: 81-3222963.

1. What is a Giving Fund - A Giving Fund is a charitable giving account designed to invest, grow, and give assets to non-profits for meaningful and lasting impact. Once funds are contributed, they are non-refundable, and the donor receives an immediate tax receipt.

2. Donor – As the donor to your DAF, your name will appear on the tax receipt.

3. Naming your Giving Fund - While establishing your Giving Fund, you will also have the option to assign a Fund Name that will be included on all grants along with the User Name. As an example, you have the option to name your fund “Our Family Giving” or “The Family Memorial Fund.”

4. Ownership - All contributions into a Giving Fund are irrevocable and non-refundable. The GiveClear Board of Directors has ultimate authority and control over all Giving Funds. Each Giving Fund is reflected and recorded as a component fund and is separately identifiable.

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To open a Giving Fund with TIFIN Give, individual account holders must be 18 years of age, a U.S. Citizen or U.S. Permanent resident and have a U.S. address.

All TIFIN Give DAF account holders must attest that they have read and agreed to these Program Guidelines and the TIFIN Give platform Terms of Use which may be amended from time to time. Donors must attest that all information provided is accurate and will notify TIFIN Give in writing of any changes.

There is no minimum initial contribution required. There is no minimum balance required to maintain a Giving Fund. Contributions may be made from individuals, business entities, donor advised funds, trusts, estates, and other foundations.

1. Contribution Acknowledgement & Valuation - All accepted contributions will be acknowledged with a notification, and an official tax receipt will be available immediately, if applicable. All official tax receipts for contributions will comply with the Internal Revenue Code and will follow all IRS guidelines and standard practice guidelines for the industry in valuing contributions.

2. Types of Contributions:

a. Cash (USD): GiveClear accepts contributions of monies in US dollars to a Giving Fund. Donors receive credit into their Giving Fund for each contribution effective the day the funds are received by GiveClear.

b. Publicly traded securities: Donor may also contribute publicly traded U.S. securities to a Giving Fund. Upon receipt and acceptance, GiveClear will sell the security and make the net proceeds of the sale available to the Giving Fund. Donors receive credit into their Giving Fund for each contribution effective the day the net proceeds from the sale of the security are received by GiveClear.

c. DAF Transfers: Donor may grant funds from an external DAF to GiveClear Foundation for further credit to their TIFIN Give Giving Fund.

TIFIN Give and GiveClear recommend that individuals seek Independent Legal Advice (ILA) prior to making any significant outright or deferred contributions.

3. Contributions Conditions of Acceptance - All contributions are reviewed prior to acceptance. GiveClear reserves the right to decline any contributions, for example a contribution that does not comply with IRS regulations. TIFIN Give may obtain, record, and verify information that identifies each person who contributes to a donor- advised fund in accordance with their Know Your Client/Anti-Money Laundering procedures.

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4. Timing of Contributions - Generally, the date of any contribution is the date on which the asset is received by GiveClear. Timing of receipt at year end can be critical. Please see the schedule below for cut off dates.

5. Investment of Giving Fund Balance - Giving Funds may be invested for tax free growth, while being held prior to grant distributions.

Investments should be chosen with consideration for time horizon for granting to non-profits that the Donor has in mind. Funds targeted for immediate grant distribution should be left as cash, while those intended to be held for a longer duration or for growth are appropriately invested. It is recommended that enough funds be left in cash to satisfy the next one to three months’ worth of grants.

For further information on investments, please refer to the Investment Policy Statement of the TIFIN Give Donor Advised Fund Program.

6. Investment Expenses - All investment-related expenses are assessed from the pool assets, examples include mutual fund expenses, custodial charges, and trading costs.

1. Donor - the original owner of the asset(s) that have been donated to a Giving Fund. Unless the Donor requests that grants be made anonymously, all grants to non-profits will include the Donor’s name and email address. A Donor must be an individual over 18 years of age, a U.S. Citizen or U.S. Permanent resident and have a U.S. address, or an approved business entity.

2. Family Member – an individual nominated by Donor to submit grant recommendations from the Giving Fund.

3. Advisor – A financial professional who is nominated by the Donor to perform various functions within the Giving Fund on the Donor’s behalf, such as contributing cash and/or securities and recommending grants.

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4. Successor - An individual who is nominated to act as the Donor when the current Donor is deceased or otherwise unable to act due to incapacity or disability. Each fund can name one Successor.

5. Beneficiary – a charitable beneficiary designated by the Donor as the recommended recipient of any Giving

Fund balances when the current Donor is deceased or otherwise unable to act due to incapacity or disability and the Successor does not assume the role.

In the event of your death or incapacity, you may wish to provide GiveClear Foundation with a digital "succession plan" for your Giving Fund. There are two options to handle the remaining assets in the Giving Fund, and you may allocate a percentage of the Giving Fund to any one of these, or a combination of them.

A. Name a Successor – provide GiveClear with digital instructions of the name and contact information for the Successor upon your death or incapacity. GiveClear will coordinate with the Successor to open a Giving Fund and transfer the allocated amount.

B. Name a Beneficiary – provide GiveClear with digital instructions to recommend a final grant directly to Beneficiary for the Giving Fund allocation upon your death or incapacity.

If no instructions are provided or instructions are no longer valid due to an inability to reach Successor or the loss of tax- exempt status by Beneficiary, GiveClear will make grants to the last 3 grantees made by the donor advised fund in proportion to the grants made by donor during their life. if no grants were made by the donor during their life, or GiveClear determines that following such a policy creates an inappropriate outcome, the board of GiveClear will place the funds with one or more approved charities of its choosing.

Grant Recommendations can be made to IRS approved 501(c)(3) public charities and private operating foundations with a minimum of $100. Grants cannot be made to private non-operating foundations.

1. Grant Recommendation Fulfillment - Grants to a qualified charity are reviewed for approval within 48 hours of submission unless additional due diligence is required.

Grants are issued to non-profits by the DAF Sponsor, GiveClear. To keep administrative costs low, GiveClear makes every effort to transfer grant funds to non-profits electronically. Therefore, if a non-profit is a part of the digital payment network used by GiveClear, funds should be received by the non-profit within 2 - 7 business days of grant approval.

For any non-profit that is not part of the digital payment network, a check will be sent within 5 business days of grant processing. Checks not cashed after 6 months of the issue date will be redeposited into the donor’s Giving Fund. Non-profits may have a $25 Administration Recovery Fee withheld from all grants issued via check for the third and subsequent check sent.

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2. Grant Restrictions – Any grant recommendations are under the exclusive legal control of the DAF Sponsor, GiveClear, which reserves the right to refuse a grant recommendation based on legal obligations, tax-exempt status, internal policies, or improper purposes.

In the event that funds granted are for an impermissible purpose, remedial action will be taken to have the grant funds returned. Remediation may require that the Donor make an additional contribution to reimburse GiveClear for any costs incurred as the direct result of the grant. GiveClear reserves the right to assess a Giving Fund for extraordinary or unusual costs it incurs due to a Donor’s requests.

Grant recommendations are not permitted if the grant provides personal benefit to the Donor, or a person related to the Donor. The restrictions for recommended grants are as follows:

a. Private benefit for any individual(s)

b. Dues or membership fees

c. Tuition payments

d. Purchasing tickets to a benefit

e. Purchasing goods or services at a charitable auction

f. Funding a pre-existing, binding pledge which you are legally obligated to fulfill

g. Lobbying, political contributions, or political campaigns

NOTE: Please refer to IRS guidelines for the full explanation of charitable grant restrictions.

DAF Administration fees are used by GiveClear to pay for administrative and operating expenses incurred in the administration of the TIFIN Give DAF Program.

1. Fees will be calculated daily based on the Giving Fund balance and are drawn from the Giving Fund monthly.

2. Fees are charged based on the declining fee structure as outlined below

Sub-Advisory fees may be set by the Advisor per Donor Giving Fund. The sub-advisory fee is offered to the Advisor in their administration of selecting suitable Core Investment Models per Donor Giving Fund that align with the Donor’s giving goals, time horizon, and risk tolerance.

1. Fees will be calculated daily based on the Giving Fund balance and are drawn from the Giving Fund monthly.

2. Advisors must accept the digital Sub-Advisory Agreement and Terms & Conditions set forth by Louise Giving Technologies LLC (“TIFIN Give”) presented during the entry or edit of the sub-advisory fee rate per Giving Fund.

3. On a monthly basis, GiveClear will pay TIFIN Give the advisory fees and then TIFIN Give will pay Advisors their sub-advisory fees.

4. Fees are set by the Advisor per TIFIN Give DAF and may not exceed 1%

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If significant or unusual charitable operating expenses are incurred by a particular Giving Fund due to extraordinary contribution, investment, or grant requests, the DAF sponsor may allocate these expenses back directly to the Giving Fund to recover these expenses.

*TIFIN Give and GiveClear Foundation reserve the right to modify the Donor Advised Fund (DAF) program and the Program Guidelines at any time