Who are agency funds for?
These funds are available to charitable organizations including 501c3 nonprofits, schools, organized houses of worship, and government entities. For many organizations, creating a long-term fund is a path to building their capacity and sustainability. Yet managing a fund can be an administrative burden. When you partner with The Denver Foundation, we’ll serve as an extension of your team, helping you navigate the ins and outs of charitable fund management — and allowing you to focus on the day-to-day work of advancing your mission.
What is an agency fund?
Agency-endowed and non-endowed funds help charitable organizations achieve long-term financial stability through sound investments. By establishing a fund, your organization’s assets are invested alongside those of The Denver Foundation and our other fundholders. The Denver Foundation team will help you craft a fund that will support the goals of your organization.
Why work with us?
We are dedicated to the community’s long-term success, which is why we provide services to help the nonprofit sector thrive. The Denver Foundation has nearly 100 years of experience managing philanthropy for individuals, businesses, families, and nonprofits. Currently, we hold endowment and advised funds ranging from $25,000 to $8 million for more than 65 nonprofits in Metro Denver. Our resources in charitable investing, planned giving, and complex gift acceptance are available to our nonprofit partners.
How does it work?
First, we’ll talk! Our goal is to work with each organization to determine if and what type of fund management is a good fit for your organization’s financial sustainability goals. We help you to select the investment pool option that best matches your organization’s goals and values. Another key decision point in the process will be your annual spending rate percentage. Our team is here to guide you through that selection to achieve an annual distribution suitable for your organization. Each year, you will have the option to receive an annual distribution payment from the fund to help meet current budget needs or to reinvest the distribution in your fund to support long-term financial goals. Need some best practices or guidance along the way? Let’s talk.
What are the other benefits?
Access to sophisticated investment services and diversification through pooled investing.
The ability to accept complex gifts such as appreciated stock, real estate, trusts, virtual currency, and annuities.
Assistance with planned giving and other strategies to grow your fund over time.
All administrative and accounting services including quarterly fund reporting and donor acknowledgment.
Endowment funds that remain an asset on the balance sheet of the nonprofit.