Presentation on theme: "Prepared by Dennis Koch, NEC Foundation Vice President."— Presentation transcript:
Prepared by Dennis Koch, NEC Foundation Vice President
To provide financial resources for The National Exchange Club’s Programs of Service and its National Project, the prevention of child abuse.
Tax Exempt and Tax Deductible
1966National Exchange Club Educational Foundation (Original) 1979The National Exchange Club Foundation for the Prevention of Child Abuse (2nd) 1999National Exchange Club Foundation (NEC Foundation) Merged & combined two previous entities 2012Child Abuse Prevention (CAP) program moved to The National Exchange Club NEC Foundation continues to support the CAP program The NEC Foundation is now strictly fundraising
Overseen by the Board of Trustees
Provides support to all Programs of Service Americanism “One Nation Under God” brochures ( NEC Foundation provides up to 100 free per club, per fiscal year) Community Service Youth Recognition Youth of the Year Scholarships – $10,000 annually Accepting the Challenge of Excellence (A.C.E.) Scholarships – $10,000 annually (NEC Foundation also provides travel expenses for award winners and their chaperones) Disaster Relief Hurricane Sandy Oklahoma tornadoes Upon request
Provides support to Exchange’s National Project - the prevention of child abuse for: Annual Symposium for Exchange Club CAP Center staff and boards Travel expense scholarships are provided to each center to attend the Annual CAP Symposium New Director Orientation CAP-related publications Child Abuse – There is an Answer brochure Believe in the Blue materials Fetal Alcohol Syndrome brochure Learn the Crying Code brochure
Local Exchange Club use of 501 (c)(3) Certificate Passthrough Grants for Clubs A club’s donor gifts can “flow-thru” the NEC Foundation (and back to the club), resulting in a tax deductible gift for the donor Support numerous projects in various local communities Public Service Announcements (PSAs) and billboard donations
More than $300,000 in direct charitable support is provided each year to Exchange’s Programs of Service and the National Project, the prevention of child abuse. Another $200,000 is provided to Exchange services. With additional donations, greater NEC Foundation distributions will be possible.
Dues - $10 of every member’s annual dues are designated to help support the NEC Foundation’s Mission. Annual Campaign – A year-end mailing gives members the opportunity to make a tax-deductible year-end-gift. Tribute Gifts – “In Honor of” or “In Memory of” gifts throughout the year Ocean Campaign – Encourages small, individual giving at each club meeting. Campaign for Kids – Clubs are given the opportunity to host a special project or make a direct donation to support Exchange’s CAP program and Exchange Club CAP Centers, fund the Youth of the Year and A.C.E. Scholarships. Endowment Income – A portion of the investment income from funds donated to the Endowment provides additional annual support.
Berkey Fellowship – Named in honor of Exchange’s founder, Charles Berkey, this unique group of men and women have chosen to support the NEC Foundation with a gift of $1,000 in the fiscal year. Fellows attending Exchange’s National Convention are invited to a dinner in their honor. Heritage Society – Membership is reserved for those who have informed NEC Foundation that they have included the foundation in their estate plans. Members in attendance at Exchange’s National Convention are invited to an exclusive breakfast.
Cash, Check, or Credit/Debit Card Retirement Account Funds May be particularly attractive to those 70 ½ and older Take mandated withdrawals and avoid taxes Insurance Policies Securities (stocks & bonds) Highly appreciated ones may have significant tax savings Full Value of Gift is Tax Deductible Avoid Capital Gains Tax Real Estate
Endowment – Endowment principle is never spent; the funds are invested and the NEC Foundation receives a percentage of the earnings each year as unrestricted support … in perpetuity (forever) Where needed most (Unrestricted) – these monies can be used wherever needed: programs, operations, fundraising, donor recognition, etc.
Restricted – you may restrict your donation to: Americanism Community Service Youth Programs; recognition, scholarships Exchange’s National Project, the prevention of child abuse Disaster relief
Exchange's website NationalExchangeClub.org Mail National Exchange Club Foundation 3050 Central Avenue Toledo, OH 43606 Call 419-535-3232
Be an “ambassador of goodwill” Share the NEC Foundation’s Mission and message with your club, and at district events and meetings Annual Giving Contacts: Who do you know? Who do our families know? Who/where are our active and inactive members? What companies or foundations are in our area? Set up meetings with donors/prospective donors Set up meetings with donors/prospective donors Include the NEC Foundation in your estate plan Include the NEC Foundation in your estate plan
THANK YOU … for supporting The National Exchange Club and the National Exchange Club Foundation!