National Community Foundation (Federal EIN: 77-0552067)
NCF is fluent in the ever-expanding collection of planned giving vehicles and the niche platforms they require to accelerate imaginative, forward-thinking strategies and yield spot-on creative, philanthropic, financial and tax impacting outcomes.
NCF promotes charitable, religious, educational, and scientific purposes, and assists other charities in fulfilling their mission.
NCF is able to advance its philanthropic initiatives because generous and empowering donors contribute unrestricted current gifts to NCF, of a percentage of the value of their contributions (when giving outright charitable gifts, or creating planned giving agreements, or adding gifts to those agreements). Additionally, when a planned giving agreement ends, the donors also include provisions in the agreement to transfer an unrestricted gift to NCF, of a percentage of the agreement’s distributed assets.
NCF further serves the national community of charities, individual donors and their professional advisors by:
Planned Giving Agreements for Individual Donors
*Click on these links to access the NCF Donor Advised Fund Application, the NCF Donor Advised Fund Policies, and the NCF Donor Advised Fund Grant Recommendation Form. Initial contributions must be $5,000.00 or greater and additional contributions must be $1,000.00 or greater. Each charitable grant must be $500.00 or greater.
**Click on this link to access further information about the NCF Pooled Income Fund
(Almost any transferable asset, with attention to marketability, appraisal requirements, ownership structure, transfer and carrying costs.) [2]
Real Property
Personal Property[3]
[1]Trustee fees, Planned Giving Agreement management fees and Non-Cash Asset Gift administration fees are determined on a case by case basis. These fees may be in addition to the NCF annual administration fees (currently 70 basis points) and are invoiced quarterly, based upon the planned giving agreement’s asset values at the end each quarter.
Regarding investment management services, NCF is advisor-centric and encourages donors who have trusted, SEC qualified investment advisors, to introduce these advisors to NCF, so that they may also manage the donor’s planned giving agreement assets for NCF.
[2]When non-cash assets, other than publicly traded securities, are to be contributed to NCF, or to an NCF planned giving agreement, NCF will most likely create a single member limited liability company to receive the charitable contribution. NCF may further require donors to sign a Donor Gift Indemnification Agreement. This is chiefly so that NCF will be shielded from possible transferee liabilities associated with debt, tax deficiencies, environmental liabilities, contractual restrictions and obligations that are tied to the asset ownership.
[3] The personal property referred to here is the type of property collectors are seeking, museums are displaying and auction houses are accepting bids for. The rare, valuable and highly sought after items. Click on the link to read our Gift Acceptance Policies and Guidelines. Click on the link to read our Non-Cash Asset Gifts: Steps and Procedures.
