FOCUSING ON BEST-SERVING THE COMMUNITY
An Agency Fund is a powerful way for nonprofit organizations to build long-term financial stability while benefiting from TPF’s investment expertise and administrative support. With an Agency Fund, your nonprofit places charitable assets with TPF for investment management, while retaining the ability to use those funds to advance your mission.
TPF handles investment oversight, financial reporting, and administrative tasks, allowing your organization to focus on what it does best-serving the community.
FAQs
What is an Agency Fund?
An Agency Fund is a fund established by a nonprofit organization with TPF to invest and grow its charitable assets for long-term sustainability.
Who can open an Agency Fund?
Any qualified nonprofit organization in the US can establish an Agency Fund to professionally manage its endowment or reserve funds.
Why would a nonprofit use TPF for its investments?
We provide access to professional investment management, rigorous oversight, and pooled investment advantages that may not be available to smaller organizations on their own.
How does it work?
The nonprofit transfers charitable assets to TPF, which invests them according to established guidelines. The organization can request distributions according to the terms of the fund agreement.
Are there tax benefits for the nonprofit?
While the nonprofit itself doesn’t receive a tax deduction for transferring its own funds, donors contributing directly to the Agency Fund may be eligible for tax benefits.
What does TPF handle for the nonprofit?
We manage investment oversight, recordkeeping, financial statements, and compliance, ensuring transparency and efficiency.
Can donors contribute directly to our Agency Fund?
Yes. Donors can give cash, securities, or other assets directly to your Agency Fund and may be eligible for a charitable tax deduction.
Can we access our funds if we need them?
Yes. Distributions follow the terms agreed upon when the fund is established, ensuring both accessibility and long-term growth.
How do we get started?
Contact TPF to discuss your organization’s needs. We’ll review your goals, outline the process, and prepare the fund agreement.
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Pınar Özyürek
She/Her
Director of Philanthropy
+1 315 992 7965