Legacy

July 2008

In this Issue:

• Where There's a Will, There's a Way
  Continuing your charitable giving after you're gone
  
• Family Philanthropy and the Type I Supporting Organization
  An article by Eileen Heisman
  
• Philanthropy for Children
  Next generation reading list
  
• Natural Disaster Response
  Helping you respond to those in need
  

Where There's a Will, There's a Way

National Philanthropic Trust has been named as a beneficiary in the will of Dr. Charles and Emma Jean Mader.  

Charles and Emma Jean Mader were fortunate to retire comfortably in Hawaii, however, as young adults, they wondered how they would make it in the world. Money was scarce, and the future unclear. Yet both made it through college and into rewarding careers, thanks to generous support from unexpected helping hands.

Out of gratitude, they set up a donor advised fund, giving out college scholarships and grants to the Boy Scouts. But they wanted to do more. So they named National Philanthropic Trust in their will, establishing the flexibility and stewardship to support future generations. The Maders may never meet their beneficiaries, but they have peace in honoring those who supported them, by creating a legacy for those yet to come.

For more on this story, click here.

If you have a story of charitable giving that you would like to submit to National Philanthropic Trust, e-mail us at ebrownback@nptrust.org.

Family Philanthropy and the Type I Supporting Organization

Is your family private foundation’s back office overwhelming to you? Do you wish you had a staff of experts at your side while you looked at grantees or tried to understand the new IRS 990 tax form or what the Pension Protection Act really means? How about your audit? Do you wish you had a seasoned CFO managing financial matters most or on your behalf? Do you wish you had better (or any) quarterly financials?

Well, if you answered yes to any or all of those questions, consider using a Type I supporting organization (SO) instead of a private foundation. It may be an easier way to achieve your or your family’s philanthropic goals.

For access to this article in its entirety, click here

Philanthropy for Children - Next Generation Reading List

With summer in full bloom, it's a good time to head to the local library or bookstore and get the children in your life excited about philanthropy.

NPT offers you a children's booklist full of stories that will help kids learn about giving and why it is so important.  This list includes titles such as:

The Quiltmaker's Gift, by Jeff Brumbeau
A Fish in His Pocket ,by Denys Cazet
Money Troubles, by Bill Cosby
Kids' Random Acts of Kindness, by Conari Press

So for your trips to the beach, or lazy summer afternoons, pick up some of these stories and help the next generation to become generous and excited about helping others.

For the full book list, click here

Natural Disaster Response

Americans have generously given more than $41 million of relief for the victims of the cyclone in Myanmar and the earthquake in China.  U.S. citizens have a long history of supporting those in need.

NPT offers some great ways for your to continue to give to victims of natural disasters.  We are familiar with organizations at work in both Myanmar and China that have already been approved for the granting process.  For a list of these organizations, click here. 

If you are interested in making a long-term investment in the lives of people whose homes have been devastated by natural disasters and other catastrophes, consider giving to Global Is Local, one of NPT's field of interest funds.  Grants given to this and our other field of interest funds are pooled together so as to make significant and long-lasting impact in areas of great need.  For descriptions of all of NPT's field of interest funds, click here

© 2008 National Philanthropic Trust. All rights reserved.
For more information or to contact us, call Erin Brownback, (888) 878-7900