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SINGLE ORGANIZATION FUND

Designed for Catholic apostolates, a Single Organization Fund through Knights of Columbus Charitable Fund can help take away the administrative burden of fundraising so you can do more of the work you’re called to do.

CONTACT US TO OPEN AN ACCOUNT

SISTERS OF LIFE

The Sisters of Life use Knights of Columbus Charitable Fund to accept and manage donations, including non-cash assets like stocks, so they can focus on the work they are called to do.

The Sisters of Life is a contemplative, active religious community founded in 1991, by John Cardinal O’Connor. As a religious community, The Sisters of Life missions are funded by donations.

What is a Single Organization Fund?

WHAT IS A SINGLE ORGANIZATION FUND?

Whether you’re a large nonprofit, a small charity, or a local parish, Knights of Columbus Charitable Fund can minimize the administrative burden of fundraising so you can do more of the work you’re called to do. We serve as the back-office for charitable organizations by helping their donors give non-cash assets and offering foundation-like funds. For example, we help you help your donors give non-cash assets like stocks and business interests. When Knights of Columbus Charitable Fund donors sign into their account, they can browse your Charity Profile page to learn more about you and support your work.
 
A traditional foundation typically involves a long setup process, legal fees, and ongoing administrative and compliance costs. By establishing a Single  Organization Fund (SOF) with Knights of Columbus Charitable Fund, your donors can contribute cash or non-cash assets to the Single Organization Fund while Knights of Columbus Charitable Fund handles the administrative aspects of the donation and the Single Organization Fund.

 

 

How does it work?

HOW DOES IT WORK?

A Single Organization Fund is managed in a similar fashion as other accounts with Knights of Columbus Charitable Fund.  As an apostolate with a Single Organization Fund, your donors make donations of cash, securities, and other non-cash assets directly into the fund, which is restricted for your organization’s benefit. Knights of Columbus Charitable Fund provides all contributions acknowledgements for their donations. We provide you with an online portal through which to review donations and donors and to make disbursements back to your organization.

 

money in hand

RECEIVE DONATIONS

Donors make tax-deductible gifts to support your designated charity

How your donors can support your organization How your donors can support your organization
icon of a money plant symbolizing money growth

INVEST

Choose investment options for your Single Organization Fund

How to Choose Faith-Aligned Investing How to Choose Faith-Aligned Investing
icon of a leaf within a heart symbolizing distributions to charity

DISTRIBUTE

Make distributions back to your apostolate so you can fund the good work you do

Our Passion Behind Our Purpose
Benefits & cost

BENEFITS & COST

A Single Organization Fund is beneficial for smaller nonprofits looking for assistance with gift processing.

Opening a Single Organization Fund helps relieve administrative burden of fundraising and allows your staff to do what they do best.

FEES

Fund Balance Annual Administrative Fee

First $500,000

0.50% or $120
(whichever is greater)

Next $500,000

0.45%

Next $1,000,000

0.40%

Next $3,000,000

0.35%

Fund Balance

First $500,000

Annual Administrative Fee

0.50% or $120
(whichever is greater)

Fund Balance

Next $500,000

Annual Administrative Fee

0.45%

Fund Balance

Next $1,000,000

Annual Administrative Fee

0.40%

Fund Balance

Next $3,000,000

Annual Administrative Fee

0.35%

WHAT DOES IT COST

  • No minimum initial contribution
  • No minimum account balance
  • $25 minimum grant recommendation
  • Minimum annual administrative fee is 
    0.50% or $120, whichever is greater
How to get started

CONTACT US TO GET STARTED

Fill out the form below to start the conversation.

Fill out the form below to start the conversation.

CONTACT US

If you have any questions about opening an account, please feel free to contact us.

Phone icon. 1-833-877-0728

Email message icon. charitablefund@kofc.org

“Each must do as already determined without sadness or compulsion for God loves a cheerful giver.”

2 Corinthians 9:7

The gifts we have received are not ours alone. God gave them to us for the purpose of serving Him and serving other people. Each of us has something to give. Generous giving of time, talent, and treasure often defines what it means to be a Catholic.

START YOUR JOURNEY

Our team shares your values and understand that every charitable situation is unique. We are here to provide answers to your questions regarding The Charitable Fund or walk you through getting started with an account.

Open Account