1: Donor-Advised Funds
Offer donor-advised funds Other Information:
Donor-advised funds are the most popular giving vehicle in philanthropy and NPT is the largest national independent provider.
We offer donor-advised funds that are tailored to meet the needs of: Individual Donors, Financial Advisors, Financial Institutions,
and Private Foundations.
Stakeholder(s):
- Individual Donors: NPT serves hundreds of donors in the United States and around the world, providing expert philanthropic guidance and professional
administrative services. With $25,000 or more, an individual, family, trust, corporation or nonprofit organization can open
a donor-advised fund account with NPT. The donor-advised fund account can be customized to fit your personal philanthropic
interests.
- Financial Advisors: NPT's Independent Charitable Gift Fund (ICGF) is a donor-advised fund program that allows financial advisors to receive compensation
for helping to manage their client's donor-advised fund account. The rate of compensation for advisors is based on the amount
invested in the donor-advised fund. Contributions to an ICGF donor-advised fund are invested in low-cost, exchange-traded
funds.
- Financial Institutions: NPT works with financial institutions that want to offer a company-branded donor-advised fund program. Our customized solution
provides a financial institution's clients with a sophisticated, web-based giving experience. Our current financial institution
partners include Fortune 500 companies and some of the largest banks in the country.
- Private Foundations: Foundations are powerful giving vehicles but can be costly and time-consuming to maintain. NPT can help you convert your foundation
to a donor-advised fund account with less overhead, improved tax deductions and increased grant flexibility. Your foundation
administrators can act as advisors and successors to the account in perpetuity. You can even keep the name of your foundation
intact. Alternatively, donor-advised funds can work in tandem with your foundation. A donor-advised fund can receive part
or all of a private foundation's mandated annual five percent payout.
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