Philanthropic Services
Trust Point Inc. offers decades of experience in charitable
gifting, foundations, and not-for-profit organizations. We are well
versed in the investment of your assets, and can provide useful insight
into issues such as government reporting, tax planning, and
distribution requirements.
Our comprehensive philanthropic services include:
Investment Management
- Consultation and planning
- Explanation of general philosophy and rationales for specific investments
- Continual monitoring and regular reviews
- Monthly reports
- Attendance at Finance Committee and Board meeting as requested
- Quarterly investment newsletter
Administrative & Record Keeping
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Quarterly and annual reporting (or monthly, if necessary) to track contributions, disbursements, earnings, and expenses
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Calculation of Annual Distribution based on spending rate
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Record on contributions, by donor if desired
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Accounting preparation for auditors
Special Services
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Joint educational presentations
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Charitable tax planning ideas for donors
- Free corporate trustee services
Trust Point Inc is well versed in the unique tools necessary for making strategic charitable investments in today’s modern marketplace. We are fully capable of handling the special administrative services required by these various tools and can provide you access to a full menu of philanthropic services designed to help you meet your philanthropic goals.
Charitable
Remainder Trusts
Charitable remainder trusts are the choice of many Trust point Inc. customers, providing an income stream tailored to their
specifications for as long as needed, with the remainder of the trust
gifted to charity posthumously.
Direct Gifts to Charities
Trust Point Inc. can assist in substantial one time or scheduled
(semiannual, annual, etc.) gifts to the charitable organization or
cause of your choice. We can offer advice and assistance in the
planning and implementation of this type of charitable gifting.
Private Foundation
A
private foundation is a good vehicle to obtain an immediate tax
deduction of the value of the assets contributed, while retaining
control over the assets donated. In addition to tax benefits, a private
foundation can be extremely satisfying and enjoyable through the
reinforcement of values and beliefs important to the community at
large. From the initial IRS application and sample documents to the
continued investment management of funds, we can assist in creating a
financial vehicle that provides for family members for future
generations.
Endowment Funds/Foundation Trusts
With
many such accounts currently under management, we understand the
long-term needs of these institutions. Working as a team with committee
members, we bring a variety of financial scenarios to the table for
discussion and review. Then, we guide the group in matching the
long-term needs and goals of the endowment or foundation with the
investment tools that best accomplish those goals. As a result, the
benefits of the endowment or foundation can be enjoyed by generations
to come.
Not-for-Profit Organizations
When
you select Trust Point Inc., you will have peace of mind
knowing that the investment options and administrative and record
keeping aspects of your portfolio, critical to maintaining a
not-for-profit organization, have all been reviewed by experienced
professionals. Whether your organization seeks Total Return with
spending limits, or a Principal and Income strategy, Trust Point Inc. can assist in establishing a financial plan to meet
organizational objectives, thereby ensuring the longevity and financial
stability of the organization’s important mission.
Philanthropic Services
We help you find the ideal vehicle for your charitable gifts. These include:
- Charitable Remainder Trusts
- Charitable remainder trusts provide ongoing income to specific charities for as long as needed, and designate additional charities for gifts if and when that need is satisfied.
- Direct Gifts to Charities
- We help you make one- time or scheduled gifts--annually or semiannually, for example--to charity.
A
private foundation can give you tax deductions for your contributions,
control over those assets, and the special satisfaction of contributing
to causes that matter to you . We can help throughout the process, from
your initial IRS application and sample documents to the management of
your foundation’s investments.
Endowment Funds and Foundation Trusts
We manage many of these funds and trusts, an experience which can help
us manage yours, working with your committee members and providing
experienced advice on investments and strategies to ensure your success.
Not-for-Profit Organizations
Our
professionals have significant experience in developing plans for, and
managing the assets of, not-for-profits--both those that seek total
return with spending limits as well as ones that pursue principal and
income strategies.
