Access Youth Academy joins The San Diego Foundation in new planned giving partnership.
Access Youth Academy is proud to partner with The San Diego Foundation who have shown 40 years of commitment to the success of San Diego’s nonprofit organizations, and understand that organizations such as ours are key to sustaining and enhancing the region for future generations.
This new partnership will go a long way in assisting Access in our future endowment-building and planned giving efforts including:
An endowment is a permanent fund whose assets are invested to generate income to be used for charitable purposes. An endowed gift is invested rather than spent with the investment of money generating an ongoing source of income year after year to fund our programs.
The San Diego Foundation manages over 150 nonprofit endowments with an in-house Chief Investment Officer who oversees the management of such endowments.
Access to Planned Giving Specialist
Access Youth Academy has a Development team of two staff members but in some instances of more sophisticated giving vehicles The San Diego Foundation can lend their expertise. The San Diego Foundation employs a Certified Specialist in Planned Giving, who can provide information on potential gifts of real estate, charitable gift annuities, charitable trusts, and various tax laws. Our specialist is also available to attend our donor meetings as appropriate.
Professionally Prepared Gift Illustrations
Joining with The San Diego Foundation allows Access Youth Academy to use specialized planned giving software and create illustrations and simple graphics of various planned giving opportunities. The document includes the gift amount, charitable deduction amount, tax implications and a comprehensive description of the specific planned gift and how it works. These illustrations are provided free of charge to Access for use with our donors. Donor names can also remain confidential.
Charitable Gift Annuity Program
In exchange for an asset, such as cash or appreciated stock, Charitable Gift Annuities (CGAs) provide a fixed income stream for donors and at the same time can benefit Access youth Academy. Nonprofits who want to offer this popular planned giving option are required to have a CGA license by The State of California’s Department of Insurance which is extremely expensive and due to this are normally held only by big Foundations and Universities. Because of this planned giving partnership, Access can use The San Diego Foundation’s CGA license. More than 25 nonprofits across the county have already taken advantage of this opportunity.
Charitable Trusts Program
As a partner of The San Diego Foundation, Access is able to obtain lower management fees on Charitable Trusts, savings that can be passed onto our donors. These reduced fees are due to The San Diego Foundation’s relationship with U.S. Bank Charitable Services, which manages a portion of The Foundation’s planned giving assets.
We are pleased to partner with The San Diego Foundation to offer these charitable gift opportunities. We truly believe this support will help Access become a truly sustainable nonprofit which will be able to transform young lives in perpetuity and help improve the quality of life within all of our communities.
For more information on the range of planned giving options available to donors of Access Youth Academy or to receive brochures on planned giving and charitable gift annuities please contact our Development Director, Ryan Ginard, on 858-202-0406 or via email firstname.lastname@example.org