Thursday, February 26, 2009

Start a Foundation

Although many people dream of starting their own charity, they are often discouraged by the perception that foundations are only for the wealthy. That is why Dr. J. T. “Dock” Houk founded the National Heritage Foundation. Established in 1968, the National Heritage Foundation makes it easy for anyone with a desire to serve their community to establish their own family foundation. To date, the National Heritage Foundation has helped thousands of philanthropists establish their own charitable funds.

The National Heritage Foundation process begins with the submission of a simple application form and a minimal fee. Once an individual’s foundation has been accepted under National Heritage Foundation, they can begin accepting tax-deductible donations for their organization. For a small 2.5% fee per donation, the National Heritage Foundation handles all of the tedious administrative work associated with managing a charity, including the preparation and filing of taxes, disbursement of funds, and oversight of all legal aspects of the organization. National Heritage Foundation’s commitment to excellence in managing these administrative tasks provides the freedom to fundraise in earnest and truly help those in need.

The best part about the National Heritage Foundation is that it allows individuals to establish charitable funds that can support practically anything. As long as the organization adheres to the National Heritage Foundation’s mission “to restore, maintain, and extend our national heritage,” an individual can begin to build a lasting legacy for his/her family. Current foundations managed through the National Heritage Foundation include poverty relief programs, Christian ministry programs, and cultural education programs, among a variety of others.

To learn more about how to set up a family foundation, visit http://www.nhf.org/nhf.htm.