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Topic

Fundraising- Planned Giving

Fundraising- Planned Giving+context

See also Fundraising- Bequests

 

+resources and best practices

Fundraising- Planned Giving+definitions

Definition: Planned Giving is a set of ways a donor can leave money/assets to a nonprofit at his/her death; or a way to invest money so that the donor receives benefits during his/her life and then bequeaths the remaining funds to the nonprofit.

Planned Giving is a complex program of various financial instruments that can be adapted to each donor's needs.

Nonprofits usually enlist professional help in setting up their planned giving programs and hire staff educated in planned giving methods.

Also Known As: gift planning deferred giving Examples: "Planned Giving programs, when set up correctly, provide future income to the nonprofit." From about.comhttp://nonprofit.about.com/od/pq/g/plangiv.htm (09/08) Phoebe Owens

 

A bequest is the disposition of property by will. Strictly, "bequest" is used of personal property, and "devise" of real property. - Wikipedia at: http://en.wikipedia.org/wiki/Bequest

 

fundraising is the process of soliciting and gathering money or other gifts in-kind, by requesting donations from individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather funds for not-for-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. - Wikipedia at: http://en.wikipedia.org/wiki/Fundraising Amy Sample Ward

 

fundraising is the process of soliciting and gathering money or other gifts in-kind, by requesting donations from individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather funds for not-for-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. - Wikipedia at: http://en.wikipedia.org/wiki/Fundraising 

 

A nonprofit organization (abbreviated "NPO", or "non-profit" or "not-for-profit") is an organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes. Nonprofits may be involved in an innumerable range of areas relating to the arts, charities, education, politics, religion, research, sports or some other endeavor. - Wikipedia at: http://en.wikipedia.org/wiki/Nonprofit_Organization Amy Sample Ward

501(c) is a provision of the United States Internal Revenue Code (26 U.S.C. § 501(c)), listing twenty-eight types of non-profit organizations exempt from some Federal income taxes. Sections 503 through 505 list the requirements for attaining such exemptions. Many states reference Section 501(c) for definitions of organizations exempt from state taxation as well. - Wikipedia at: http://en.wikipedia.org/wiki/501%28c%29

 

Fundraising- Planned Giving+best practices

Minnesota Toolkit for Giving
Click here for the planned giving resourceshttp://www.minnesotagiving.org/options/planned.htm

Amy Sample Ward

Fundraising- Planned Giving+lessons learned

Planned Giving Design Center
Click here to read about the most common errors in planned giving:  http://www.pgdc.com/usa/item/?itemID=28376

Charity Village
Click here to read about getting started with a bequest:  http://www.charityvillage.com/cv/research/rpg12.html
Amy Sample Ward

Fundraising- Planned Giving+standards in field

National Committee on Planned Giving

Click here to download the Committee's "Model Standards of Practice" statement:  http://www.nptrust.org/images/Generic/model_standards.pdf

Click here to read about different kinds of bequests and the language that accompanies each:  http://www.leavealegacy.org/how_give.asp

 

Fundraising Success

is a prominent fundraising magazine for nonprofits that provides invaluable information to professionals working in the nonprofit space.

FundRaising Success, founded in 2003, is a practical guide for nonprofit organizations. It exists to help development staffs raise money for and interest in their organizations’ missions. FundRaising Success’ mission is simple: to provide nonprofits with the most useful and pertinent information, strategies and expert advice to help them generate the necessary fundraising revenue to fulfill their mission.
http://www.fundraisingsuccessmag.com

Fundraising- Planned Giving+Attached Documents

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