{"id":9118,"date":"2022-07-26T13:32:55","date_gmt":"2022-07-26T10:32:55","guid":{"rendered":"https:\/\/www.bodossaki.gr\/?page_id=9118"},"modified":"2024-02-29T17:56:41","modified_gmt":"2024-02-29T15:56:41","slug":"what-is-a-legacy-fund","status":"publish","type":"page","link":"https:\/\/www.bodossaki.gr\/en\/our-partnerships\/individual-donors\/donor-advised-funds\/what-is-a-legacy-fund\/","title":{"rendered":"WHAT IS A LEGACY FUND?"},"content":{"rendered":"<p>Legacy Funds are a gift to future generations, made in support of the Foundation\u2019s charitable aims or causes with which the legators are associated.<\/p>\n<p>The procedure for making a private grant is simple and flexible: a donation of any amount of capital suffices. Private donations of more than \u20ac50,000 can also be Named Funds, which bear the legator\u2019s name.<\/p>\n<p>Some of the Named Funds currently managed by the Bodossaki Foundation go to support both named and memorial scholarships or places that the legators loved and were associated with.<\/p>\n<p>Some examples:<\/p>\n<ul>\n<li>The &#8220;<a href=\"https:\/\/www.bodossaki.gr\/en\/our-partnerships\/individual-donors\/legators-scholarships\/\">Elisavet Fotiou Fotinelli &#8211; Ioannis Dimitrios Kritikos Scholarships<\/a>&#8221; support up to three postgraduate and doctoral scholarships each year through the Bodossaki Foundation&#8217;s Regular Scholarship Programme.<\/li>\n<li>The <a href=\"https:\/\/www.bodossaki.gr\/en\/our-partnerships\/individual-donors\/legators-scholarships\/\">&#8220;Savvas Parastatidis&#8221; Doctoral Scholarship<\/a>\u00a0was announced for the first time in 2022 at the Department of Computer Engineering and Electronic Systems of the International University of Greece. The legator was a student at this university.<\/li>\n<\/ul>\n<p>The donation of Antonis Gkouzelis, or the &#8220;Tony Julius Fund,&#8221; represents a contribution from a Greek of the diaspora who never forgot his homeland, Kyparissi in Laconia. The Tony Julius Fund, managed by the <a href=\"https:\/\/myriadusa.org\/\">Myriad USA<\/a> with the support of the Bodossaki Foundation. It has supported <a href=\"https:\/\/www.bodossaki.gr\/en\/our-partnerships\/individual-donors\/site-revival\/\">the revival of the village of Kyparissi<\/a>, transforming its economy and improving the lives of its inhabitants.<\/p>\n<p>&nbsp;<\/p>\n<p>Each legator has personal reasons for making a donation, but all share the same passion for the common good. Private legators often wish to:<\/p>\n<ul>\n<li>Protect their own assets while simultaneously giving back to society.<\/li>\n<li>Support (after providing financially for their loved ones) philanthropic causes such as the wellbeing of the place where they live, their hometown\/birthplace, the university they attended or the hospital that cared for them or their loved ones.<\/li>\n<li>Create an endowment which will put their estate to good use when they have no direct heirs.<\/li>\n<\/ul>\n<p>If you are thinking about how you could make a donation of your own, the Foundation\u2019s team of experts is on hand to guide you. The Bodossaki Foundation\u2019s Philanthropy Advisor, Michalis Konstantinidis,\u00a0mkonstantinidis@bodossaki.gr, (+30) 210 010 7767, is available for an initial introductory discussion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Legacy Funds are a gift to future generations, made in support of the Foundation\u2019s charitable aims or causes with which the legators are associated. The procedure for making a private grant is simple and flexible: a donation of any amount of capital suffices. Private donations of more than \u20ac50,000 can also be Named Funds, which &hellip; <a href=\"https:\/\/www.bodossaki.gr\/en\/our-partnerships\/individual-donors\/donor-advised-funds\/what-is-a-legacy-fund\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WHAT IS A LEGACY FUND?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":0,"parent":11585,"menu_order":174,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-9118","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WHAT IS A LEGACY FUND? - BODOSSAKI FOUNDATION<\/title>\n<meta name=\"description\" content=\"Legacy Funds are a gift to future generations, made in support of the Foundation\u2019s charitable aims or causes with which the legators are associated. 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