Charitable LLC

We have taken great steps to ensure trust and protection with over 500 clients during the last 19 years and nearly $700,000,000 in assets transferred to the CLLC.

What is a Charitable LLC?

The Charitable LLC (CLLC) is a proprietary comprehensive tax, estate, and charitable
giving plan which has evolved for several years. The CLLC is a structure that delivers the
following benefits:

  • A current income tax deduction which avoids up to 50 percent of your total tax.
  • Assets contributed grow without tax.
Appreciated assets contributed can be sold or liquidated without tax.
  • Assets are exempt from gift and estate tax.
  • Assets are creditor and divorce protected.
  • Client and heirs maintain total control over the assets transferred to the CLLC.
  • Client and heirs will make substantial charitable gifts to their preferred designated charities.

How Does a Charitable LLC Work?

Once your charitable LLC is established, a contribution of certain designated assets is made. The LLC is initially controlled and owned by you as both the manager and 100% member. You transfer your 100% membership interest to a charity. The manager (you), by agreement, will control and manage the assets owned by the LLC. The member charity has no control over the assets or their management. This structure will not result in loss of control over the assets you contribute to the LLC.

For this contribution, you receive a charitable income tax deduction equal to the appraised value of the gift, which reduces income taxes owed in current and potentially future years. Any income derived from the assets in the LLC is not subject to tax. Appreciated assets in the LLC can be sold or liquidated without tax. This occurs as the income and gains are allocated from the LLC to the charity, which is legally exempt from paying such tax. Any income or gains are not subject to tax in the LLC.
Since the charity owns the membership interests in the LLC rather than the individual, there is no estate or gift tax on the contributed assets and they are protected from creditors. When you pass away, your children/heirs take your place and manage the LLC as you did and receive the same favorable tax benefits.

This allows you and your heirs to make substantial current and future charitable gifts to your favorite charities. The substantial charitable gifts are the primary component in the plan that justifies the tax benefits received.


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New York, New York 10005
(212) 232-0032

COX Capital Group is a boutique investment banking firm
headquartered in New York City.


COX Capital Group Limited
71-75 Shelton Street
London, Greater London, WC2H 9JQ
United Kingdom
Registered Company #112219153


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