National Philanthropic Trust's Blog
Charities providing relief for victims of the Sandy Hook tragedy
I have always encouraged donors to “do their homework” when considering a charitable gift or grant. The Foundation Center's revamped IssueLab is a vast and invaluable resource for exactly this kind of information.
In the wake of the destruction caused by Hurricane Sandy, many donors are seeking information on how best to support relief efforts. In our experience, the most efficient and effective way to help is by recommending grants to organizations providing relief programs in the affected areas.
The donor also wanted to protect his donated land from future real estate development.
Instead of creating a corporate foundation, they established a donor-advised fund at NPT.
National Philanthropic Trust has worked hard to become a world-class charity for more than 15 years. We are the nation’s largest independent provider of donor-advised funds; we’ve raised nearly $3 billion for charitable assets; and we publish the industry’s preeminent annual report on the donor-advised fund market. With that success come a few great benefits—like being asked to create our own video series.
A large portion of the assets were in alternative investments and the donor hoped to retain his investment approach.
Last month, the Congressional Research Service released an analysis of donor-advised funds. It uses more recent data than the Treasury Department’s report, which came out late last year.
While the CRS document shared many of the same statistical findings as the Treasury’s report, it analyzed the data differently and made other assumptions resulting in very different conclusions.
The donor was worried that his family's diverse interests and locations would make shared advising of the fund too complicated.