National Christian Foundation (NCF) is a non-profit organization that helps donors give more wisely and tax-efficiently to support their favorite charitable causes. NCF is a leader in accepting non-cash assets (for example stocks, real estate, and business interests), and is the nation's largest provider of donor-advised funds focused primarily on Christian givers. In 2015, NCF was ranked as the 9th largest non-profit organization in the United States and distributed its seven billionth grant dollar.
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History
In 1982, author and entrepreneur Larry Burkett, financial advisor Ron Blue, and tax attorney Terry Parker founded the National Christian Foundation to help simplify the process of giving, and help people become more charitable.
Headquartered in Atlanta, Georgia, NCF began adding affiliate offices throughout the United States in 2000. By 2015, NCF reported having 28 affiliate offices in cities across the country including Dallas, Orlando, Chicago, and Seattle. These local offices are community-based and act as liaisons to the national organization.
In 2016, NCF distributed its seven billionth grant dollar to over 40,000 charities since its founding. This accomplishment has led it to be ranked as the 9th largest non-profit in the United States.
Program
NCF's primary operation, the Giving Fund (donor advised fund), works like a charitable savings account. Via an online dashboard, donors give various assets into the Fund, receive a tax deduction at the time of the gift, and recommend grants to their favorite charities. NCF accepts non-cash gifts such as stocks, real estate, and business interests. They also offer other giving options, such as Charitable Gift Annuities and the NCF Legacy Fund. Recently, NCF released the ability to monitor account information on mobile devices. Through both platforms, donors can also set annual or lifetime giving goals and learn how to give more wisely by reading stories and watching generosity videos.
Operations
All charitable contributions are donated to NCF, helping maximize charitable gifts.
NCF spends a small portion of gifts and earnings to fund the support activities necessary to be able to make those grants. NCF calculates the amount as a percentage of the donor's Fund balance (typically 1% or less each year), and, in the case of non-cash assets, a percentage of gift value (typically 5%, one time).
Source of the article : Wikipedia
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