Quarterly Endowment Update - October 2019
Welcome to the October 2019 issue of InFaith Endowment News from InFaith Community Foundation. Below you will find a link to your quarterly statement, a planned giving topic for you to share with your supporters, ideas to grow awareness of your endowment fund and other timely updates as part of InFaith Endowment News, InFaith’s quarterly report to organizations with endowment funds.
Your organization’s quarterly statement is now available online. If you serve as your organization’s Fund Advisor, click here to login and access your statement. More about InFaith’s portfolio investment performance from Cambridge Associates, InFaith’s investment manager, is available here.
Year-End Charitable Planning
With Thanksgiving and Christmas ahead, now is a great time to remind people about your Endowment Fund’s presence and impact. If your organization’s fiscal year ends in December, consider sending a year-end letter in early December. Download InFaith’s Endowment Marketing Toolkit to view a year-end letter sample.
Planned Giving Opportunity: Charitable Distributions (QCDs) & Appreciated Securities
Donors who are 70 ½ or older can give qualified charitable distributions (QCDs) from their IRA to your endowment or create a charitable fund that supports your organization and multiple charities. In doing so, donors can avoid recognizing IRA distributions as income while they also meet the required minimum distributions (up to $100k can be given annually). They can also give appreciated assets, such as stock or real estate – all while avoiding capital gains.
Raising Awareness: Marketing Calendar
Looking ahead to 2020? To prepare for next year’s communications plan, be sure to make use of InFaith’s Marketing Calendar resource, found in the Endowment Marketing Toolkit. This marketing calendar splits the year into 24 two-week periods, providing you with suggested elements to ensure a successful year.