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Philanthropists increasingly see the value of partnerships. By working together in cooperation around a common goal through donor collaboratives, individuals, families and institutions can pool their talent and their charitable resources to have a greater impact on the issues that matter most to them.
The benefits of giving in collaboration can include many different elements that apply to all parties. They can include improved risk management, communal conversation and the ability to have a greater effect on the charitable organizations you want to give to.
At National Philanthropic Trust, we offer donors multiple ways to work together. Our experts can help you evaluate and select the right charitable vehicle for your collaboration to thrive. Some options include:
For groups looking for a simple, cost-effective way to pool their contributions and make grants to qualified charitable organizations, advised funds are an excellent option. Similar to donor-advised funds for individuals, corporate-advised funds and foundation-advised funds are tax-efficient, neutral giving vehicles that allow multiple parties to come together to support a cause. Groups appoint primary advisors to direct grantmaking based on the charitable focus area, leaving ample opportunity for other participants to stay involved.
As the charitable sponsor, NPT handles all of the administration, including accepting contributions, providing gift receipts, managing investments, recordkeeping, tax filing and grantmaking.
Whatever vehicle you choose for your donor collaborative, NPT offers a deep bench of expertise in philanthropic strategy. Our Philanthropic Services team can help you hone your donor stewardship plan, convene your partners, communicate your project’s impact and evaluate outcomes. We are here to support you when you need it, ensuring a comprehensive, fully integrated solution to help you achieve your charitable goals.
Collaborative giving allows like-minded individuals, families and institutions to pool their charitable resources to have a more substantial impact on the issues that matter most to them.
In Support for Donor Collaboration at National Philanthropic Trust, we cover:
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