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Fund Advisory Committees
FundWeb is a web-based donor reporting system designed to streamline the process of providing fund statements. FundWeb allows a fund advisor or donor to check the status of their fund on the Web at any time. After logging on with a username and password, access is allowed for review of the overall income and expenses, for a list of grants, and for all contributions.
Fund financial returns are updated monthly and gifts, grants and paid expenses are updated weekly. FundWeb provides nonprofit organizations a simple way to track gifts to their fund and view annual distributions.
For more information or questions, contact Sandy Kamnikar.
MEMO
TO: Advisory Committee Members
FROM: Ritche Houge, Vice President for Philanthropic Services
RE: Updates on Fund Activity
- Fund Advisory Committee membership and Fundraising Activities
Please update your fund advisory committee memberships by contacting Peggy Crandall with your current committee membership. Failure to update your fund contacts with NMF could result in delays in distributions or termination of fund delivery status.
- If you are conducting a fundraising activity using NMF as the charitable organization and running expense billings, etc. through NMF you must prepare a budget prior to the activity and present the budget to NMF for approval.
- NMF has a strict policy on special event liability insurance. Fund advisory committees are responsible for securing insurance and it should be accounted for in your fundraising budget.
- NMF Community Fund Initiative is Growing
NMF Community Funds are now in place in Warroad, Roseau, Badger, Greenbush, Red Lake Falls, Fosston, Mahnomen, White Earth Reservation, Bagley Red Lake Reservation, Blackduck, and Park Rapids. These funds are made up of general endowments, project funds and local restricted funds established through NMF. It is a great way to work together on the most pressing priorities of your community. Please contact me regarding interest in establishing a community fund or check out Community Funds of the Northwest Minnesota Foundation website pages
- Website Linking
Let’s link up! Please contact NMF Communications Director Lisa Peterson to establish links between this website and your agency or community website. This is a great way to promote your mission and your fund.
- Lets Talk Planned Giving!
Will bequests and charitable gift annuities are two of the easiest planned gifts you can promote to help build your fund. Be sure to include a mention of these great opportunities in your newsletters and visits with donors. You can learn more about them by visiting this site’s Planned Giving Guide (link to that page) Thanks and contact me with your questions at 800-659-7859 ritchh@nwmf.org
-Ritchie Houge
By clicking "I accept" you indicate that you have read and understood the above memo.
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