Nonprofits & Agencies
GTCF can help your donations do exponentially more for your mission.
Partnering with GTCF as an Agency Fund Advisor allows you to focus on what really matters—achieving your mission in the community.
Your donors believe in your work and you want to make the most of their charitable gifts. GTCF offers philanthropic tools and administrative support that make it simple to manage an endowment, accept complex gifts like real estate or securities, and effectively leverage planned giving.
Contact GTCF’s Philanthropic Advisors to learn more about how we can help Agency Fund Advisors take in more and larger gifts to support their organization’s cause.
GTCF Offers Tools & Support to Help Agency Fund Advisors
- Steward Endowed and Non-Endowed Agency Funds
- Process Complex Gifts
- Leverage Planned Giving
- Open an Agency Fund
- Nonprofits with Endowments at GTCF
Steward Endowed and Non-Endowed Agency Funds
GTCF’s assets under management have grown to more than $150 million over the past 40 years through excellent fund stewardship and increasing numbers of community individuals and organization discovering the value and support they receive from GTCF as a fund manager and philanthropic partner.
GTCF offers two types of Agency Funds, Endowed and Non-Endowed. Both can be opened with a minimum of $10,000 and can be added to at any time.
Endowed Agency Funds
An Endowed Agency Fund enables you to protect your organization’s endowed monies for future needs and provide annual income based on GTCF’s Endowment Spending Policy. You can increase investment yield, as your endowment is pooled with our other funds to provide maximum return and lower fees.
With an Endowed Agency Fund, GTCF handles all administrative details including investment management. The need for individual nonprofits to create an investment policy and monitor investments is eliminated.
Partnering with GTCF to manage your endowment demonstrates to your donors a commitment to long-range financial planning.
Non-Endowed Agency Funds
With a Non-Endowed Agency Fund, the entire balance of the fund remains accessible to your organization at all times. Often called a Board Restricted Endowment or a Quasi-Endowment, these funds provide nonprofits with an effective way to manage their cash reserve while maintaining control of the funds. The nonprofit or agency’s board determines the goals for this fund including the time horizon, investment pools, and conditions under which this fund might be used.
Contact Robin Callahan, Vice President of Philanthropic Services to learn more.
Process Complex Gifts
GTCF supports Agency Fund Advisors that may not have the expertise, time, or capacity to accept complex gifts, allowing them to capture more assets for their organization.
- Complex gifts are charitable contributions of assets other than cash and marketable securities. These may include real estate, collections, art, closely held C-corp or S-corp stock, partnership or LLC interests, promissory notes, intellectual property or royalties, life insurance, or crytopcurrency.
- Complex gifts are a creative way to make large contributions with benefits for donors, nonprofits, and the community. Because non-cash or illiquid assets are involved, they take careful planning to execute. GTCF has the expertise to transform these assets into philanthropic gifts.
- Most people discover their opportunity to make a complex gift when they establish their estate plan, prepare for a business transition, sell real estate, or encounter a significant taxable event.
- Complex gifts can be used to make a philanthropic impact through a variety of gifting vehicles. Gifts can be structured in order to provide the maximum benefits to nonprofits and to donors. Gifts can be contributed through a Donor-Advised Fund, Charitable Lead Trust, or Charitable Remainder Trust.
Leverage Planned Giving
GTCF Philanthropic Advisors can help Agency Fund Advisors develop planned giving programs and assist with investment management and administrative details.
Open an Agency Fund
GTCF Philanthropic Advisors help you navigate the steps to opening an Agency Fund.
- Talk to the GTCF Philanthropy Team. We’re happy to discuss which type of Agency Fund best meets your goals before you involve your board in the process. Contact Robin Callahan at 253.345.4186 or by email at email@example.com to set up a meeting.
- Engage your board. If you decide to move forward, you’ll probably first talk to the board committee that handles your finances. We’re happy to work with you to prepare a presentation covering the investment returns, fee structure, investment pool options and other benefits of holding an Agency Fund with GTCF.
- Complete the paperwork. Our fund agreement is all you need to get started. It typically takes one week to set up a new Agency Fund. We’re happy to answer any questions you have along the way.
- Let GTCF handle the administrative details. Once your fund is established, we handle all investment management and investment oversight activities. It is our job to invest the funds, conduct quarterly reviews of their performance against benchmarks (via our Investment Committee), and consider changes where performance is lagging. You will receive quarterly fund reports to keep you informed on the status of your fund.
To get started or discuss any questions, please contact Robin Callahan at 253.345.4186.
Nonprofits with Endowments at GTCF