Change a Life Fund FAQs

  1. What is the difference between Change a Life Foundation and Change a Life Fund?
  2. How can I designate my donation?
  3. What is the grant making process of Change a Life Fund?
  4. How much of my donation actually goes to moving individuals in my community towards self-sufficiency?
  5. When do I receive my membership benefits?
  6. How do I upgrade or cancel my membership?
  7. Is a donation to Change a Life Fund tax-deductible?
  8. How will I keep track of my tax-deductible donations?
  9. How do I become a Change a Life Foundation Partner?
  10. Can I give something other than a donation via credit card?
  11. Can I send a check?

1. What is the difference between Change a Life Foundation and Change a Life Fund?

Since 2001, Change a Life Foundation has awarded more than 5,460 grants to assist individuals and families established by an anonymous philanthropist. The donor has since passed away. Change a Life Foundation has set up a grassroots online giving platform to continue his unique philanthropy of supporting individuals in the community through nonprofit organizations. The Change a Life Fund was created to raise awareness, generate funds, and help individuals with specific needs in targeted communities. The Change a Life Fund is a donor advised fund in partnership with the Orange County Community Foundation that allows you to support your neighbors in need.

2. How can I designate my donation?

Mercy House RutherfordWhen you make your gift online, you will be given the opportunity to designate one area of interest you would like your gift to be restricted to. The four funding priorities you may designate are: Youth at Risk, Adults and Families, Elderly Independence, and College Scholarships. All of these areas of interest benefit your neighborhood right here in Orange County.

3. What is the grant making process of Change a Life Fund?

Each donation is a charitable contribution to the Change a Life Fund, a donor advised fund of the Orange County Community Foundation. Grantees are presented after being thoroughly vetted by the pre-selected nonprofit organizations that Change a Life Foundation Board of Directors has approved. All grantees have been screened to meet the seven Grant Criteria: 1. Catastrophic life event occurred or is occurring; 2. No fault of the individual; 3. Last resort request; 4. Legal resident; 5. Grant is for a critical need and will create real life change; 6. At or below HUD low income guidelines; 7. Never received a grant from CALF before.

Once the grant is submitted, the Change a Life Foundation Board of Directors reviews and approves grant applications quarterly.

After a grant has been approved, Change a Life Foundation sends an approval letter notifying the nonprofit partner the grant has been awarded. The local nonprofit organization then fulfills the need by paying the expense or making the purchase for the recipient. The Orange County Community Foundation will transfer funds generated through the Change a Life Fund to Change a Life Foundation each month to fund the grantees’ needs. Change a Life Foundation will cover all overhead costs to operate the Change a Life Fund.

4. How much of my donation actually goes to moving individuals in my community towards self-sufficiency?

100% of your donation goes directly to impacting individuals and removing the barriers that prevent self-sufficiency and independence.

5. When do I receive my membership benefits?

Membership benefits will begin after three consecutive monthly gifts made to the Change a Life Fund.

6. How do I upgrade or cancel my membership?

If you would like to upgrade or cancel your membership….

7. Is a donation to Change a Life Fund tax-deductible?

Change a Life Fund, a donor advised fund of Orange County Community Foundation, is an IRS 501(c)(3) tax-exempt charitable organization. Your gift is deductible to the fullest extent of the law. Please consult your tax advisor regarding specific questions about your tax deductions. Each time a donor’s credit card is charged, Change a Life Fund, a donor advised fund of Orange County Community Foundation, sends an email thank-you letter that can be used for tax reporting purposes.

8. How will I keep track of my tax-deductible donations?

Each time you make a donation to Change a Life Fund you will receive a donation receipt which will serve as your tax deductible receipt.

9. How do I become a Change a Life Foundation Partner?

Alejandra Dominguez2Change a Life Foundation has built strong relationships with the 70 nonprofit Board-approved organizations. The number of partners has been based upon the Foundation’s endowment size, budget, and funding strategies. Change a Life Foundation is not accepting any new nonprofit partnership applications at this time.

10. Can I give something other than a donation via credit card?

Yes, Change a Life Fund can accept cash gifts and can also process gifts of marketable securities, closely held stock, retirement funds, limited partnership and LLC interests, and real estate. You can give the gift outright, or structure it to produce lifetime income for you or a beneficiary.

11. Can I send a check?

Yes, you can make a donation to Change a Life Fund by completing the Change a Life Fund Donation Form (link to form) and mailing it to: Orange County Community Foundation, C/O Change a Life Fund, 4041 MacArthur Blvd, Suite 510, Newport Beach, CA, 92660.