Stretching your dollars and doing the most good is what’s important to you and your organization. Your donors are entrusting you to make the most impact with their donations, and many times that can be achieved through a customized investment plan that is tailored to your unique needs, while managing your expenses. At Central Trust Company our interests are aligned with yours and we work to provide low-cost investment solutions with no up-front or back-end sales fees. We also understand the need for socially conscious investment options.
As a non-profit leader, it is always important to think about your organization’s future. Endowment accounts are a great way to make sure there will be funds to continue your organization’s work for many years to come. These investment accounts are designed for long-term growth of your organization’s core fund, while allowing for operational costs to be funded from the interest earned on the principal.
You know that donations, grants, and other sources of funding come in at different times of the year. So, it’s important to make sure your organization’s cash flow can support its expenses as they are incurred. Our team can work with your organization on cash flow projections to make sure you won’t be caught by any surprises.
One of the many ways to leave your legacy is through a managed family foundation. Typically, people choose to establish a private charitable foundation during their life or at death. The donor can designate the charitable organization or types of organizations to which he or she would like donations to be made. As the manager of your family foundation, Central Trust Company will serve in a fiduciary capacity, handling the on-going investments and operational aspects of the foundation such as grant solicitation, vetting of grant applications, fund disbursement, and accountability of distributions.
The Stanley and Elaine Ball Foundation
The Stanley and Elaine Ball Foundation is an example of a foundation managed by Central Trust Company. Typically people choose to establish a private charitable foundation during their life or at death. Because a private foundation is tax exempt, the donor receives a charitable tax deduction for donations made to the foundation. The donor can designate the charitable organization or types of organizations he or she would like donations to be made. In this example, the foundations hopes to enhance educational opportunities and provide support to disadvantaged children.