Churches & Nonprofits
Many churches, universities, smaller charities and other nonprofit organizations are unable to offer charitable planned giving programs to their supporters due to the burdensome start-up costs and ongoing administrative expenses. However, through a Charitable Partnership Program, your organization can recognize the benefits of planned giving programs without the related expenses. Your organization not only benefits from an upfront donation, but may also receive an additional remainder benefit. The program also helps your donors, alumni and members establish a legacy of charitable giving.
NCF works with professional advisors identified by the nonprofit to facilitate and administer these turnkey programs. For more information, have a professional advisor from within your organization contact NCF.
Frequently Asked Questions
How much will our organization receive if NCF facilitates a planned giving transaction with one of our donors?
As soon as a transaction is closed, you mail NCF a check equal to ten percent (10%) of the net proceeds. For example, if a donor funds a planned giving program a $100,000 asset, you would issue a check for $10,000 to NCF. The remainder of the funds are used by your organization secure reinsurance and fund its outreach programs.
Who is responsible for making the income payments to our donors?
The commercial insurance company providing the reinsurance will would be responsible for making payments directly to your donors.
How can we be sure our donors’ funds are secure?
NCF recognizes that the long-term safety and security of future income is of utmost importance to you, donors and their families. NCF only works with organizations who offer reinsurance as part of their planned giving programs.
Why would our organization want to partner with NCF when it currently receives donations directly from our donors?
Research indicates that 90 percent of individuals’ wealth is NOT in their income, but their existing assets. Yet most fundraising and stewardship activities focus on increasing donations from donors’ income. NCF helps organizations donors to use existing assets to accomplish their financial goals while at the same time, supporting your organizations.
Why National Community Foundation Programs?
Charitable planned giving programs enable individuals and families of all income levels to benefit from tax advantages that many assume are available only to the very wealthy. In reality, these programs are available to anyone interested in decreasing their tax burden while supplementing their retirement income, leaving a lasting financial legacy and benefiting charitable causes.
All of the asset exchange programs provide the following features and benefits:
- Fixed immediate or deferred lifetime income (income you will not outlive) OR
- Fixed immediate or deferred installment payments for a specific number of years (a stream of income you can access now or later)
- An immediate income tax deduction
- Elimination of a portion of capital gains tax
- Reduction or elimination of applicable estate tax
- Reinsurance
- No set-up fees, legal fees or annual tax filings
- Supports charitable causes worldwide