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Philanthropists increasingly see the value of partnerships. By joining forces 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.
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. Here are some options:
A popular giving solution for donor collaboratives, fiscal sponsorship is an alternative to launching and staffing an independent organization. This model provides the infrastructure to receive, process and receipt tax-deductible donations. Our in-house experts handle the human resources and finance functions and provide legal and fiduciary oversight, absorbing most of the risk involved in launching a new charitable project.
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.
For more information on donor collaboratives, please contact our Philanthropic Services team at email@example.com or (888) 878-7900.