Q. What is the
purpose of the Legacy Endowment Fund and why was it formed?
A.
In recognition of
the need for sustained revenues for ministry, the Another Child Foundation’s
Board of Directors created an Endowment Fund in 2013. Endowment funds provide a
lasting gift. Building a permanent Endowment fund is the best way to protect
the investment we have made – and continue to make – in supporting orphans and
at-risk children throughout the world. It ensures that we can continue to offer
a gold standard ministry for all the children we serve. It secures a stable
source of unrestricted income for Another Child Foundation to disperse to our
ministry partners and their programs.
Q. Why should people
give to the ACF Legacy Endowment Fund when there are so many other worthy causes that
need funding just as badly?
A.
It
is Another Child’s goal to reach,
teach, and transform the lives of orphans and at-risk children. We are
fortunate to live in a country where our children have access to many personal
growth opportunities. But as we all know it is a constant struggle to meet the
needs of the orphan and at-risk children in other countries. It is time for us
to come together and to radically change the lives of these children by
providing hope to them. This is your opportunity to make a lasting difference
to children who have the same hopes and dreams of the children you love. With
your help, we can raise the bar on how these children think and dream. With
Another Child’s unique ability to tend to children from a young age you can bring
lasting impacts to God’s world for generations to come.A. Tax-deductible charitable contributions may be made as:
- Please donate securely online or mail a check payable to Another Child Foundation Endowment Fund and mail to: ACF 416 E Dover Rd., Princeton, IL 61356
- Appreciated
securities & real estate - this
may be a way to gain tax advantages for donors who have held assets for
long periods of time.
- Stocks
& gift stocks -
stocks, including stock from start-up ventures, may be placed in an
endowment trust with current market value benefits.
- Planned giving - assets as a part of a will may be another opportunity to give a
gift of lifelong learning through a charitable trust agreement.
Q. How will the
distributions be spent?
A. The
funds will be used to provide life-changing programs for the children we serve.
Area’s in which this includes, but not limited to are: education, housing,
health care, psychological care, and self-improvement programs. Funds can also
be used to provide capital improvements in the facilities the programs need to
function.
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