Alliance Community Foundation (Federal EIN: 38-7161863)
ACF offers highly customized and legally permissible planned giving agreements and programs. Especially, for the Pooled Income Funds and Donor Advised Funds. Our technical support is innovative and timely. We help donors and charitable organizations to complete gifts of non-cash, tangible and intangible, personal property and real estate.
Planned Giving Agreements (including Trustee Services)
- Charitable Lead Trusts
- Charitable Remainder Trusts
- Donor Advised Funds*
- Endowment Funds
- ACF-Owned Single Member Limited Liability Company
- Pooled Income Funds**
- Supporting Organizations – (Type 1)
**Click this link for information about the ACF Pooled Income Fund
To view the EZCharitable Pooled Income Fund versus the Charitable Remainder Unitrust presentation, please submit your email address below. EZCharitable, LLC provides charitable planning software, training, case design and implementation services for professional advisors. (Audio begins in 17 seconds; slides advance in 1 minute, 18 seconds.)
Financial Company-Branded Pooled Income Fund and Donor Advised Fund Programs
ACF supports the professional advisor’s business development and business retention platforms, by offering private-labeled, ACF sponsored, Pooled Income Fund and Donor Advised Fund Programs. Qualified advisors retain the custodial and investment management services and their client’s professional relationship.
Advisors may also encourage clients to donate non-cash assets (privately-held securities, real estate, intellectual property, collections, etc.), to be owned and managed by ACF. Once the assets are sold, the proceeds can be invested with the advisor.
Gifts that are accepted by ACF
Personal Property (Tangible and Intangible Property)
(Tangible Personal Property sought by collectors, museums and auction houses.)
Sometimes property gifts (personal property or real estate) may be accepted through an ACF-owned Limited Liability Company. Occasionally, donors may also be asked to sign a Contribution Indemnification Agreement, to protect ACF from existing and future ownership liabilities associated with debt, tax deficiencies, environmental liabilities, contractual restrictions and obligations.
(Note: A significant portion of the fees described below represent a charitable gift percentage for ACF to fulfill its overall charitable mission.)
Our annual fees for Trustee Services, Planned Giving Agreement Management, or Non-Cash Asset Gift Administration, are 70 basis points (.70%). ACF invoices quarterly (17.5 basis points per quarter), based on the asset values at the end of each quarter. Charitable Lead Trusts and Donor Advised Funds may alternatively make quarterly charitable gifts to ACF, that are the equivalent of the ACF fee.
ACF fees do not include investment management expenses, or independent contractor fees. (Independent Contractors may be employed in conjunction with fundraising activities and are not compensated based on the value of the gifts to ACF.) Expenses for retaining investment managers and independent contractors will be in addition to, and not a part of, the fees charged by ACF.
Expenses incurred for transferring gifts to ACF and for the ongoing ownership (holding costs, legal fees, professional services fees, etc.) whether they are for proposed gifts still being evaluated, or completed gifts, must be paid either from the income produced by the gift (or planned gift agreement), or from the proceeds of the sale of the gift, or paid for by the donor. These expenses may be tax deductible and you are encouraged to consult your tax advisor.
ACF relies primarily on the donor’s trusted, SEC qualified advisor, to manage and custody their planned giving trust or agreement investments with ACF. When IRS or SEC rules prohibit certain investments, ACF requires investment managers to comply with ACF’s Investment Policy Statement.