The
National
Heritage Foundation, Inc. is a 501(c )(3) public charity founded in 1968. It has
grown to be one of the largest charities in the U. S. The NHF sets up and
administers for individuals, corporations and communities “foundations at NHF”
as a part of its legal structure, similar to an account at a bank. These
“foundations at NHF” can either make “donor advised gifts” to named
charities, or can actually conduct supervised charitable operations. NHF sees
these “foundations at NHF” as a project by project approach to the
restoration of our national heritage of people to people action. The broad goal
of NHF is to strengthen the private philanthropic sector, thus lessening the
tax-burdens of government. The narrow goal is to help people become more
charitable, by assisting them with their charitable, educational, scientific or
religious projects. For more information call 800 986 4483 or refer to the
National Heritage Foundation Website at http://nhf.org
Why
a National Heritage Foundation?
The
Foundation of A Better Community For All (FABC), a National Heritage Foundation was established in the
September 2004 as a foundation so that all donations could immediately be considered tax deductible.
The Foundation of A Better Community For All (FABC) operates as a sub foundation of the National Heritage Foundation (NHF). Becoming a sub foundation under the National Heritage Foundation umbrella gave us a number of immediate benefits and allowed us
more time to fulfill our mission, "Maximizing Charitable Contributions on
and off the Internet,"™ rather than the day- to-day details of starting a new foundation:
We became part of one of the largest foundations of its type in America, with a net worth (fund balance) of more than $50,000,000 and deferred Gift Pipeline of more than 1.2 billion dollars.
The NHF is one of the few Foundations of its type that publishes an annual independent audit.
The NHF maintains a $5,000,000 Malfeasance and Misfeasance insurance policy.
The NHF has a staff to help us with over 100 years of foundation experience - including on staff attorneys experienced in Charitable Tax Law, and on staff accountants and investment counselors.
In a few words, by becoming a sub-foundation of The National Heritage Foundation we were able to assure our contributors that their donations would be tax deductible and fully and strictly compliant with the Internal Revenue Code, and Federal and State Regulations.
All our letterheads and printed materials must clearly identify our relationship with NHF by including the words "A National Heritage Foundation".
Anyone wishing to test the "bona fide" status of our organization may look for the National Heritage Foundation on the IRS Cumulative List Of Tax Exempt Organizations
(Publication
78).