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National
Exchange Club Foundation FAQs (Frequently Asked Questions)
Q:
What does the Foundation do?
A: Our
purpose is to support the national project of child abuse prevention AND the
programs of service (youth projects, Americanism, community service) of the
National Exchange Club.
Q:
How is it supported?
A: The
majority of our funds come from our dues supplement of $6 per year, per
member. This amount has remained unchanged since our beginning in 1979.
Additional funds are generated through member contributions and other
fundraising efforts.
Q:
How are funds spent?
A:
Services to clubs and centers, as well as youth scholarships comprise much
of our budget expenditure. Foundation staff provide training, accreditation,
technical support, and other services - free of charge - to local CAP
Centers. Public awareness materials, information, and guidance on programs
are provided to Exchange Clubs.
Q:
How is the Foundation managed?
A: A
Board of Trustees provides policy and fiduciary oversight for the
Foundation. Four Trustees are elected by NEC Convention delegates; the
remainder are appointed by NEC leadership groups to facilitate the
relationship between the two organizations. The Foundation is managed by an
executive director.
Q:
Is my contribution tax-deductible?
A: The
Foundation is registered with the Internal Revenue Service as a 501©3,
charitable organization. Your contribution is tax deductible as allowed by
law.
Q:
Are there long range goals?
A: The
Board of Trustees has developed a strategic plan, which provides continuity
for existing projects while enabling us to expand our horizons. Key elements
of the strategic plan focus on enhancing communications within our own
networks and creating a stronger image of Exchange.
Q:
What will secure our future?
A: In
addition to fundraising efforts to support ongoing operational expenses, we
encourage support of our endowment through Berkey Fellowships, Dr. North
Society, and other contributions.
Q:
How can I help?
A: Your
on-going support is critical to continue existing programs and expand our
efforts. Your tax-deductible contribution is our lifeline.
Q:
What giving options do I have?
A: We
have many options to suite your needs. Contact the Development Department at 800-924-2643 or
development@nationalexchangeclub.org to discuss your estate planning needs
and other tax deductible ways you can support your National Exchange Club
Foundation.
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