Planned Giving Services
Charitable remainder trusts, charitable gift annuities, and pooled income funds are attractive both to individual donors and charitable organizations. Donors recognize the significant tax benefits and philanthropic impact that can be derived from these estate-planning techniques. Many charitable organizations use these planned giving vehicles to significantly increase their donor base and philanthropic support
These can be some of the most demanding gift vehicles to manage and administer because of their technical complexity and seasonal requirements. In today's rapidly changing financial environment, continuous monitoring of investment portfolios is essential to protect both income and remainder interest. In addition, the increasingly complex legal, tax, and accounting requirements associated with such arrangements require unique skills and expertise.
For Philanthropic Individuals
Clifford Swan Investment Counsel offers an objective service alternative to bank trust departments for donors who wish to act as trustee of their own charitable trusts. Our services provide everything the trustee needs to fulfill fiduciary responsibilities.
As specialists in the investment and administration of Planned Giving assets for over twenty years, our turn-key service encompasses:
- Custom-tailored portfolio investment which can be managed for both tax sensitivities and socially responsible concerns
- Full back-office administration including:
- Asset custody
- Tax reporting
- Income distributions
- FASB accounting.
We have no products to sell, collect no commissions, and do not require trusteeship to manage the relationship. Contact us to review your charitable giving plans. As your objective advisor, we will discuss best options for achieving your philanthropic goals.
The Essentials of a Planned Giving Program
We believe there are four keys to a highly effective planned giving program.
1) Working with donors, beneficiaries, and development officers to insure that realistic goals are set and then achieved.
2) Successful delivery of required administrative tasks, accurately and in a timely manner, including both basic and complex tasks that may require creative solutions.
3) Proactive communication that is useful, accurate and timely to both the donor (K-1s, 1099s etc.) and the charity (IRS, state regulators, FASB accounting guidelines).
4) Alignment with the finance and development offices so we all strive for the same goals.
Investment Philosophy and Approach
Our investment philosophy and approach are designed to maximize the benefits of a gift made to a non-profit organization, while remaining cognizant of the delicate balance between the needs of the donor and goals of the remainder organization. Our investment philosophy is focused on high quality, liquid equity and fixed income investments that produce consistent results which meet the needs of the donor and the remainder institution.
Our systems allow us to address the needs of each unique constituency that charitable organizations serve and the unique reporting they each require, whether it is a governing board, donors, accounting, treasury, or development offices.
We perform all administrative duties for the trustee. If a trustee is needed, we can arrange for a trustee of record for whom we will act as agent. In either case, Clifford Swan offers an effective turnkey solution.
Making the Relationship Whole
With Clifford Swan Investment Counselors as your planned giving partner, your organization's development efforts will reach new levels of sophistication, allow the staff resources to focus more on gift development, increase donor satisfaction, enhance remainder value, free staff time from administrative functions, and reduce overall planned giving program costs. Our extensive history of objectively advising private clients and the charities they support provides a special perspective that can ultimately enhance any planned giving program.
Our minimum relationship is $1 million of investable assets.