When you decide to create a nonprofit fund with the Foundation, you join a network of nonprofits working diligently to cultivate vibrant and thriving communities across Delaware County while also gaining access to top-tier investment services and the full support of an organization focused on philanthropy.
The Foundation for Delaware County offers two types of funds for nonprofits: the Nonprofit Endowment Fund and the Nonprofit Reserve Fund. The key distinction between these two funds is how your organization accesses the assets in the fund. Read the Q&A to learn more.
Read more from two nonprofits that started endowment funds with the foundation.
The Foundation offers nonprofit organizations with an endowment fund several resources to establish a turn-key planned giving program. Our staff collaborates with you and your donors to arrange the planned giving vehicles listed below. This program requires no upfront investment, additional staff training, or organizational liability. We handle all the administrative and tax reporting details on your behalf. Our staff can meet with your development staff or board, run gift scenarios, or sit down with a donor, so you don’t have to worry about being an expert in planned giving.
Charitable Gift Annuities – These gifts provide an annuity to the donor during their lifetime and will ultimately support your organization’s activities. Gift annuities can be funded with cash, marketable securities, or IRA distributions.
Charitable Remainder Trusts – Charitable trusts can also be funded with any type of property that has value, including cash, marketable securities, real estate, personal property, closely-held stock, etc. We consult with your donor to set up the most suitable trust type and issue quarterly checks to trust beneficiary donors. At the end of the trust term, the remaining assets flow into a Foundation designated fund that supports your organization.
Charitable Lead Trusts – This trust makes yearly distributions to a donor-designated fund at the Foundation for the benefit of your organization. It provides a way for your donor to transfer assets to their heirs at a reduced tax rate.
Our investments are managed by PFM Asset Management, a world-class investment firm that manages more than $210.2 billion in assets. We multiply the impact of your dollars by pooling them with the Foundation’s assets so we can engage in investment opportunities not available to smaller investors. Find out more about our investments.
We offer administrative services and provide technical support for a range of gifts, such as appreciated securities, real estate, bequests, and more.
Any nonprofit organization with a reserve or endowment fund at the Foundation can access our comprehensive planned giving partnership program. This includes the management of Charitable Gift Annuities, Charitable Remainder Trusts, and Charitable Lead Trusts.
Having a fund with the Foundation demonstrates your organization’s affiliation with a respected local public charity. Our history and mission can provide reassurance to your prospective donors, who value the stewardship we offer.
Our staff is always here to help you with your needs, and we maintain strong connections with nonprofits throughout the state and stay abreast of local and national trends in grantmaking and charitable giving.
You can reach us via phone or email: Monika Collins (610)744-1015; email@example.com