The policies herein describe AngeLink Community Foundation’s (“ACF”) Pillars of Giving program. By using the ACF platform, making a donation, or contributing to ACF you acknowledge and expressly agree to these Pillars of Giving Policies.
What is the ACF Pillar of Giving program?
The ACF Pillars of Giving program are unrestricted funds donated from our giving community to support one or more of ACF’s core mission areas to support and empower women, or to support a specific emergency or disaster relief cause.
What are the core areas of focus for the ACF Pillars of Giving program?
- Female inequality and injustice
- Access to capital for women in business, and female entrepreneurship
- Single and homeless mothers
- Education for girls and women in science, technology, engineering and mathematics (“STEM”)
- Underprivileged and minority women
- Medical research and support for women’s health and wellness
Donors contribute money to ACF either on our website through our technology partner, (AngeLink Inc.), or at an event, and we direct funds to support one or more of the ACF Pillars of Giving. Pillars of Giving expenditures may include grants to further ACF’s core mission areas, which may include grants to other nonprofits or organizations to support one or more Pillars of Giving. Donors from the AngeLink fundraising site may make contributions to the ACF Pillars of Giving at any time. ACF reserves the right to accept or reject a donation at any time.
ACF maintains full discretion and control over all Pillars of Giving funds which may be invested to support innovative and impactful programs in one or more areas consistent with ACF’s mission. Funds may also be pooled together to support specific emergency or disaster relief causes. Any income, including any gains earned on funds will be allocated and reinvested back into the ACF funds. ACF reserves the right to charge an administrative fee based on the total amount of donations to the ACF fund(s). ACF may also deduct any costs, in its sole discretion, including administrative, accounting, or legal fees to administer and support the operations of the ACF fund. Any additional due diligence or research on a nonprofit to enable a grant may require extra fees.
All donations and contributions to ACF are non-refundable and irrevocable gifts to ACF after 30 days of donation and if funds have not already been distributed to a charity, in its capacity as a donor-advised fund. Additionally, all donations and contributions to ACF are subject to the ACF variance power. Therefore, ACF has control over all property of ACF funds and full discretion and control over the contributions and donations, including any income earned on funds. All ACF distributions and grants are made exclusively for charitable and/or educational purposes in ACF’s sole discretion to further ACF’s core charitable missions through our Pillars of Giving.
ACF accepts donations and contributions to further our charitable purposes, enabling donors to receive beneficial tax deductions for their contributions. The donor recommends grants from unrestricted ACF funds to support one or more Pillars of Giving or an emergency/disaster relief cause. ACF cannot be bound by a donor’s grant recommendations, and donors hereby akclwdege and expressly agree that funds can be used to support one or more ACF Pillar of Giving as well as emergency or disaster relief cause for charitable purposes.
All grants from the ACF Fund must be used exclusively for eligible grant purposes which further ACF’s core mission as determined by ACF in our sole discretion. ACF will only make grants to charitable organizations that are tax-exempt public charities, educational institutions, and/or private operating foundations which are US-based organizations or certain international organizations on a case by case basis. In order to receive ACF funds, your organization must be enrolled in the ACF Nonprofit Alliance.
ACF does not approve recommendations for grants to:
- Political or lobbying campaigns or political activities that are not fully for charitable purposes.
- Private, non-operating foundations.
- Non-functionally integrated Type III supporting organizations.
- Any organization or family member or affiliates (as defined below) of any ACF Advisor or Board member.
- Further, no ACF Advisor or Board member may recommend an ACF grant that would satisfy or discharge or satisfy a legally enforceable pledge or obligation for themselves, family member or affiliate for any reason.
“Family member” shall mean spouse, domestic partner, ancestor, brother, sister, children, grandchildren or any of the above or any other “family member.” An “affiliate” of a person shall mean a partnership at least 35% owned by profits interest, a corporation at least 35% owned by voting shares, or a trust at least 35% owned by beneficial interest by that person and/or that person’s “family member.“ No Advisor or Board member may recommend a grant that would enable them or a “family member” or “affiliated” person to receive a return benefit, such as the opportunity to attend a fundraising event or dinner, including grants where the receipt of any benefit is paid for separately but contingent on a charitable grant or donation.
ACF’s relevant policies are posted online on an annual basis, or you can request them by writing to the ACF Compliance Team at: 1130 Creekside Parkway, Suite 110835, Naples, FL 34108. You can also request information from certain states as described below. Certain states require written disclosures for nonprofit organizations soliciting contributions, as noted below. Please note that state requirements may change at any time, therefore ACF cannot guarantee that this list is up to date at all times. Please check with individual states for updated information.
- Florida: A copy of the official registration and financial information may be obtained from the division of consumer services by calling 800-435-7352. Registration does not imply endorsement, approval or recommendation by the state.
- Georgia: A full and fair description of our programs and our financial statement summary is available upon request at the office and phone number indicated above.
- Maryland: For the cost of copies and postage, documents and information submitted in compliance with Maryland law are available from the Secretary of State.
- Mississippi: The official registration and financial information of ACF may be obtained from the Mississippi Secretary of State’s office by calling 1-888-236-6167. Registration by the Secretary of State does not imply endorsement.
New Jersey: Information filed with the Attorney General concerning this charitable solicitation and the percentage of contributions received by the charity during the last reporting period that were dedicated to the charitable purpose may be obtained from the Attorney General of the State of New Jersey by calling 973-504-6215. It is also available on the internet at www.state.nj.us/lps/ca/charfrm.htm. Registration with the Attorney General does not imply endorsement.
New York: You may obtain copies of an annual report from the charities registry on the Attorney General’s website: www.charitiesnys.com or by sending a written request to the Office of the Attorney General, Charities Bureau, 28 Liberty Street, New York, NY 10005 or by calling 212-416-8401.
North Carolina: Financial information about a nonprofit organization and a copy of its license are available from the State Solicitation Licensing Branch at 888-830-4989. The license is not an endorsement by the State.
Pennsylvania: The official registration and financial information of a nonprofit may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 1-800-732-0999. Registration does not imply endorsement.
Virginia: A financial statement is available by writing to the State Ofc. of Consumer Affairs in the Dept. of Ag. and Consumer Svcs, P.O. Box 1163, Richmond, VA 23218, (804) 786-1343.
Washington: The required notice of solicitation is on file in the Office of the Secretary of State. Additional financial and other information is available from the Secretary of State at www.sos.wa.gov/charities/ or by calling 800-332-4483.
West Virginia: West Virginia residents may obtain a summary of the registration and financial documents from the Secretary of State, State Capitol, Charleston, West Virginia 25305. Registration does not imply endorsement.
Wisconsin: A financial statement of the charitable organization disclosing assets, liabilities, fund balances, revenue, and expenses for the preceding fiscal year will be provided to any person upon request.