Foundation Consulting (NPC-150)
TODAY'S BUSINESS CHALLENGE:
STARTING AND RUNNING A NON-PROFIT OR FOUNDATION
In today's competitive marketplace, over 89% of consumers want to do business with companies who give back. Last year alone, over 450,000 foundations (non-profits) were ordered "closed" by the IRS for lack of compliance. The governing laws concerning foundations is constantly changing and the potential liability issues can be very complicated. Those who want to start and grow a foundation find the process overwhelming and difficult to manage. Many retail business owners are inundated with requests for donations and don't have a manageable way to support the community while staying focused on their business.
Memorial foundations to honor loved ones are a powerful way to create a legacy.
THE BRIDGEPACT SOLUTION:
TURN-KEY FOUNDATIONS FOR BUSINESS OWNERS
Our turn-key system provides the 501(c)3 status, infrastructure and processes needed to start and run an IRS compliant foundation. Exclusively for BridgePact clients, we provide access to qualified fiscal sponsors who handle all the mandatory reporting to the IRS and an experienced board of directors to keep your mission on track. In addition, we offer a well developed vetting system to make it easy for your business to support charities in your community through our BridgePact United Impact Fund partnership. This package includes:
- Custom client consultation with your BridgePact Foundation Specialist
- A complete turn-key system and fiscal sponsors with over 45 years of successfully operating IRS compliant programs
- A Donor Advised Fund (DAF) account option for business owners who want to support their local community and access PR opportunities
- An operating foundation account option for people who want to start a foundation that can pay salaries and expenses
- Scholarship program options
- Established board of directors to support your mission
- Established online donation system
- Collaborative fundraising opportunities
- Ongoing administrative fees from 1-8% on each donation to take care of mandatory IRS reporting
- Support charities close to home or around the world
- Online donation page to accept online donations
- 24-7 access to your dedicated online account to monitor donations
- Option to work with your own financial planner to recommend investments
- Ability to raise funds for your foundation account
IMPACT ON YOUR BUSINESS
By accessing our turn-key foundation system, you can concentrate on your business and raising funds to support your mission. After all, most people want to start a foundation to have an impact on the community or to redirect personal tax dollars, also known as social capital. When you partner with BridgePact, you'll have access to increasing the PR value for your business without the hassle of running your own foundation. You'll get all the benefits without the burden.