Frequently Asked Questions

Q: What is the Angeles Chapter Foundation?
The Angeles Chapter Foundation is a public charity which primarily funds the charitable and educational programs of the Angeles Chapter.

Q: Who runs the Foundation?
The Foundation is governed by a board of directors who have a long history of service with the Angeles Chapter.

Q: Are my donations deductible?
Yes, donations to the Foundation are fully deductible, to the extent allowed by IRS tax rules.

Q: How do you give out grants?
Please refer to Grant Guidelines.

Q: What is your investment policy?
The Foundation’s endowment assets are invested in a variety of stocks and mutual funds to earn a stable and growing income.

Q: How can I help?
The most effective long-term way you can support the mission of the Foundation and the Angeles Chapter programs is to include one of the Angeles Chapter Foundation Endowments in your will or trust, or make a Foundation endowment the beneficiary of your bank or stock brokerage account or life insurance policy.

The Foundation also welcomes donations.

If you have specific skills you would like to offer, or want to volunteer as a liaison with an Angeles Chapter group or section you belong to, please let us know.

For more information or to indicate your interest in helping, please contact us at info@angeleschapterfoundation.

Q: I want to look at your tax filing.
Our IRS Form 990 for 2013 is available.

Q: Can I restrict how my donation is used?
Yes, the Angeles Chapter Foundation has endowments devoted to specific purposes and programs.  These include:

Some Angeles Chapter groups and sections maintain accounts at the Angeles Chapter Foundation and you can make donations to these accounts.

You can also make donations or bequests for a specific purpose.  For more information contact us at info@angeleschapterfoundation.

Q:  How is the Foundation connected to the Angeles Chapter?
The Foundation’s primary purpose is to support the Angeles Chapter’s educational and environmental programs that are non-political and non-legislative.

Q:  Does the Foundation invest in “green” companies?
Yes, the Investment Policy is to invest in companies that on balance are not harmful to the public and the environment.

Q:  Can I attend meetings?
The Foundation’s meetings are open to the public.  To attend, notify us of your interest in attending a meeting.  Occasional sensitive issues are discussed in closed meetings.

Q:  Where are meetings held?
Meetings are held at various locations. If you wish to attend a meeting, please contact us in advance for information.

Q:  What are the Angeles Chapter Foundation’s administrative expenses?
The Foundation has few expenses because all work is done by its volunteer directors, with no staff expenses.

The Foundation does incur some administrative expenses, including insurance, bookkeeping, and printing and postage for fundraising mailings.

 

Q:  How Does the Foundation invest the funds in its endowments?
The ACF invests mainly in well established companies with a history of growing earnings and dividends.  Most of these companies will be in mutual fund portfolios like Vanguard’s Dividend Growth Fund. Currently the ACF endowment accounts earn approximately 5% a year.

Q:  What is an endowment?
An endowment is a donation of money or property to a nonprofit organization for the ongoing support of that organization. The principal amount is kept intact while the investment income is available for use.

 

[Header image: Mt. Hawkins, Robert Cates]