While most charities and ministries focus the
majority of their fundraising and donor development
resources on securing gifts for their current work, there is wisdom
in looking towards the future as well. Many older
charities in North America have modelled this wisdom in the
establishment of endowments, or legacy funds. They now enjoy
the rich benefits that time and wisdom affords.
Generating new funding for your organization may begin with
opening a CNCF Legacy Fund. This Fund is
much like having your own church or ministry foundation. It
is simple to create and it enables you to accept not only cash and
publicly traded securities but also non-liquid assets that you may
not be able to receive now.
Your supporters can contribute "innovative gifts" such as real
estate and business interests - and generally receive immediate tax
deductions while realizing significant tax benefits. CNCF
receives, manages, and liquidates these gifts for you, placing the
net proceeds into your organization's CNCF Legacy Fund - from
which you can recommend distributions back to your
ministry.
Here are some of the benefits of having such a Legacy Fund in
place: 
- A steady stream of income is ensured each year.
- Expert investment professionals manage your fund, with low
fees.
- Your donors can contribute directly to your legacy fund, even
anonymously if they wish.
- Your donors can leave bequests and legacy gifts to your fund,
offering them a sense of comfort and choice.
- CNCF will issue immediate tax receipts to your
donors.
- CNCF will provide all adminstrative and CRA
requirements.
- You have access to CNCF's experience.
For a summary of giving options for your donors that could grow
your legacy fund, simply
click here.