As always, what a great issue [Special report on planned giving, 03.23.05].
I really stay up to speed on what is going on through you and Philanthropy Journal. Thank you.
On the subject of “Getting started,” just for the record, smaller nonprofits or nonprofits without planned-giving expertise can create an endowment for their organization at almost any community foundation.
They then have the full array of community-foundation services available to their donors.
It is a wonderful option in the scenario you described.
Such a fund takes about 10 minutes to set up.
Information about community foundations and a locator to find them are available on the web.
Mary Holmes, executive director, Cumberland Community Foundation, Fayetteville, N.C