The start of the year is a great time to review your fund and charitable giving plan. As 2024 gets into full swing, we have some tips and housekeeping practices to ensure you’re prepared for charitable giving:
Verify your fund's advisors and representatives to confirm all contacts are up to date.
Review, update or establish a succession plan for your fund.
Review your charitable gifts and grants from the last three years. To review activity on your NCCF charitable fund(s), visit our Online Fund Portal or request this information from your donor engagement officer. Don’t forget to include other charitable contributions made directly to nonprofit organizations as part of your review.
Assess the list of organizations you’ve supported. Which are the most important to you? Are there organizations you supported but don’t feel particularly passionate about? Are there organizations you’ve supported that you’d like to learn more about? Is there a cause you’d like to support but don’t know the nonprofits that address that need? The NCCF team brings local knowledge and statewide expertise on nonprofits and would be happy to provide information about organizations or causes that interest you.
Average your total giving over the last three years. Is that amount doable this year? Remember to consider the value of publicly traded stock gifts you could make this year if preserving cash is a priority.
Set targets for the amount you’d like to provide to each organization—and perhaps even set targets for the timing of your gifts. You can change these targets at any time.
As always, the NCCF team is here to help. Please reach out to learn more about how you can make the biggest difference with your charitable dollars, including how you can use a donor-advised fund, or other type of fund, to carry out your 2024 charitable goals.
{"tinyMCE_dummy":"","title":"Start the year with an up-to-date fund","url":"\/blog\/start-the-year-with-an-up-to-date-fund","meta":{"title":"","description":"","excludeFromSitemap":"No"},"ordinal":999,"content":"<p><span data-contrast=\"auto\">The start of the year is a great time to review your fund and charitable giving plan. As 2024 gets into full swing, we have some tips and housekeeping practices to ensure you’re prepared for charitable giving:<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":375}\"> <\/span><\/p>\r\n<ul>\r\n<li><b><span data-contrast=\"auto\">Verify your fund's advisors and representatives<\/span><\/b><span data-contrast=\"auto\"> to confirm all contacts are up to date.<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Review, update or establish a succession plan<\/span><\/b><span data-contrast=\"auto\"> for your fund.<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Review your charitable gifts and grants from the last three years.<\/span><\/b><span data-contrast=\"auto\"> To review activity on your NCCF charitable fund(s), visit our <\/span><a href=\"https:\/\/nccf.fcsuite.com\/erp\/fundmanager\"><span data-contrast=\"auto\"><span data-ccp-charstyle=\"Hyperlink\">Online Fund Portal<\/span><\/span><\/a><span data-contrast=\"auto\"> or request this information from your <\/span><a href=\"\/about-us\/meet-our-staff#donor-engagement\"><span data-contrast=\"auto\"><span data-ccp-charstyle=\"Hyperlink\">donor engagement officer<\/span><\/span><\/a><span data-contrast=\"auto\">. Don’t forget to include other charitable contributions made directly to nonprofit organizations as part of your review.<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Assess the list of organizations you’ve supported.<\/span><\/b><span data-contrast=\"auto\"> Which are the most important to you? Are there organizations you supported but don’t feel particularly passionate about? Are there organizations you’ve supported that you’d like to learn more about? Is there a cause you’d like to support but don’t know the nonprofits that address that need? The NCCF team brings local knowledge and statewide expertise on nonprofits and would be happy to provide information about organizations or causes that interest you.<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Learn about the greatest needs in your community. <\/span><\/b><span data-contrast=\"auto\">We have updated our county-based <\/span><a href=\"\/for-fundholders\/community-needs-assessments-a-grantmaking-tool-available\"><span data-contrast=\"auto\"><span data-ccp-charstyle=\"Hyperlink\">Community Needs Assessments<\/span><\/span><\/a><span data-contrast=\"auto\"> for 2024. <\/span><a href=\"\/about-us\/meet-our-staff#donor-engagement\"><span data-contrast=\"auto\"><span data-ccp-charstyle=\"Hyperlink\">Contact your DEO<\/span><\/span><\/a><span data-contrast=\"auto\"> for a copy.<\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Average your total giving over the last three years.<\/span><\/b><span data-contrast=\"auto\"> Is that amount doable this year? Remember to consider the value of publicly traded stock gifts you could make this year if preserving cash is a priority. <\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<li><b><span data-contrast=\"auto\">Set targets for the amount you’d like to provide to each organization<\/span><\/b><span data-contrast=\"auto\">—and perhaps even set targets for the timing of your gifts. You can change these targets at any time. <\/span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":0,"335559739":0,"469777462":[720],"469777927":[0],"469777928":[1]}\"> <\/span><\/li>\r\n<\/ul>\r\n<p><span data-contrast=\"auto\">As always, the NCCF team is here to help. Please <\/span><a href=\"\/about-us\/meet-our-staff#donor-engagement\"><span data-contrast=\"auto\"><span data-ccp-charstyle=\"Hyperlink\">reach out<\/span><\/span><\/a><span data-contrast=\"auto\"> to learn more about how you can make the biggest difference with your charitable dollars, including how you can use a donor-advised fund, or other type of fund, to carry out your 2024 charitable goals.<\/span><\/p>","excerpt":"<p>The start of the year is a great time to review your fund and charitable giving plan. As 2024 gets into full swing, we have some tips and housekeeping practices to ensure you’re prepared for charitable giving<\/p>","media":0,"custom":{"blog_author":{"use_alternate_image":"No"},"masthead":{"title":"","counties":"","affiliate_logo":"","sub_text":"","background_image":"","caption":""},"latest_blog":{"post":""},"post_image":{"image":"https:\/\/nmcdn.io\/e186d21f8c7946a19faed23c3da2f0da\/7868d48393ef4e3bb7bca8cdf7bc2f20\/files\/056_NCCF0323.jpg"},"social_sharing":{"share_image":""},"the_latest":{"show_latest_posts_by":""}},"inMenu":false,"visibleTo":"Everyone","publishedAt":1707410791,"orderChildrenBy":"ordinal","enableComments":false,"permission":"read","id":"7c707522ebea4fcfb0cdae45a5e9ee3f","parent":"e76aa785e2f140b6a8bdcb322b91b397","node":113696,"created":1707410791,"modified":1707493307,"fresh":1,"type":"post","children":{},"relations":{}}