Peace of Mind
National Community Foundation (NCF) recognizes that the long-term safety and security of future income streams is of utmost importance to clients and their advisors. Through Reinsurance and a Master Trust Account, NCF is committed to providing clients and advisors with the peace of mind they need.
Reinsurance is a simple process whereby a nonprofit organization purchases commercial insurance annuities to secure its obligations. Most planned giving programs with NCF are now reinsured using a commercial insurance company rated at least “A” or higher by A.M. Best.
NCF also maintains segregated reserve funds in a Master Trust Account at US Bank and complies with all state reserve requirements in states where NCF issues planned giving transactions.