Privacy Policy
At CHARITABLE FOUNDATION "FAITH-HOPE-LOVE", we value and respect the privacy of our donors and participants in the Donor-Advised Fund (DAF) program. This Privacy Policy outlines how we collect, use, and protect your personal information.
1. Information We Collect
We collect the following types of information to manage and administer your DAF account:
Personal Information: Name, address, phone number, email, and other contact details.
Financial Information: Contribution details, account balances, and grant recommendations.
Transaction History: Records of contributions, grants, and fund activity.
Optional Information: Any additional details provided by donors, such as preferences for anonymous giving or successor designations.
2. How We Use Your Information
The information collected is used for the following purposes:
To establish and manage your Donor-Advised Fund account.
To process contributions and facilitate grant recommendations.
To communicate with you regarding your account and provide donor statements.
To comply with legal and regulatory requirements.
To improve our services and donor experience.
3. Sharing of Information
We do not sell or share your personal information with third parties, except in the following circumstances:
With Service Providers: To trusted vendors and partners who assist in the administration and management of the DAF program (e.g., investment managers, payment processors).
With Grant Recipients: When processing grants, we may share donor information with recipient organizations unless anonymity is requested.
As Required by Law: To comply with legal obligations, such as responding to subpoenas or regulatory inquiries.
4. Anonymous Giving
Donors have the option to make grants anonymously. If you choose this option, we will not share your name or personal information with the grant recipient.
5. Data Security
We implement appropriate physical, technical, and administrative safeguards to protect your personal information from unauthorized access, disclosure, or misuse. These measures include secure data storage, encryption of sensitive information, and regular security assessments.
6. Retention of Information
We retain donor information as long as necessary to fulfill the purposes outlined in this Privacy Policy and comply with legal requirements. Once no longer needed, data is securely disposed of.
7. Your Rights and Choices
As a participant in the DAF program, you have the right to:
Access and review the personal information we hold about you.
Update or correct your personal information.
Request the deletion of your personal information, subject to legal or regulatory retention requirements.
Opt-out of non-essential communications.
8. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Any changes will be communicated to donors and posted on our website with the updated effective date.
9. Contact Us
If you have any questions or concerns regarding this Privacy Policy or how we manage your information, please contact us at:
CHARITABLE FOUNDATION "FAITH-HOPE-LOVE"