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Foundation

Donor Advantages

Tax Benefits

Contributions to the Foundation (Online Donation Form) are tax deductible charitable contributions. We are an organization as described in section 509(a)(3) of the Internal Revenue Code. In addition, the Foundation is exempt from all taxes as a 501(c)3 organization, which means that all contributions will earn income tax-free and thus maximize their value.
 

Simplicity and Flexibility

Donors may contribute to the Foundations core endowment fund or other existing funds. Donors may designate the purpose for which gifts are to be used, may establish a named fund, and can remain totally anonymous if they wish. Questions concerning any of the funds may be addressed to the Foundation's treasurer.
 

Accountability

The Foundation provides information on its programs and activities to the Society, at the Society's Annual Meeting. Additionally, periodic informational items are published in the Society's newsletter. The Foundation is audited annually.
 

Perpetuity

Contributions to the Foundation are placed in a pooled endowment. The funds are held and invested to generate income. While both earnings and invested funds may be used, it is anticipated that the funds will grow, providing the Society benefits far into the future.
 

Investment Management

The funds of the Foundation are managed by its Board of Directors in cooperation with professional investment personnel, to generate strong current returns in secure investment vehicles which are balanced with long-term growth.
 

Types of Funds

Donors have a wide variety of objectives. To accommodate these interests the Foundation offers a wide variety of funds that can be established. All funds are open-ended. A donor may start a fund and at any time after that, make additional contributions to that fund.
 

Unrestricted Endowment

Unrestricted funds are encouraged and are used to meet the ever-expanding goals of the Foundation. A core endowment fund will be the recipient of these gifts.
 

Restricted Endowment

Restricted Funds may be limited by the donor to particular fields of charitable interest such as the Society's awards, library support through donation of the Society's journal to third world institutions, etc. A memorial fund can be established to honor a deceased family member, friend, noted Society member, or other person. These funds may be restricted or unrestricted for a purpose meaningful to the deceased.

Scholarship funds may be established by the donors. Guidelines for this type of gift are presently being considered by the Foundation Board of Directors.

Designated funds have been established within the Foundation by its Board of Directors. In general, these funds support the Society's travel, research, and achievement awards categories. For information regarding any of these funds, please contact the Foundation treasurer at the address shown below.

Questions?

Questions about the ASPF can be addressed to:

American Society of Pharmacognosy Foundation
Kirk P. Manfredi, Ph.D.
P.O. Box 712
Cedar Falls, IA 50613
phone: (616) 450-1762
kirk.manfredi@uni.edu

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Invest in the Future

Make a Lasting Impact

By giving to the American Society of Pharmacognosy Foundation, it is possible to make an important, positive, lasting impact on the future of the Society and its science. Your personal commitment, through your gift, will join with others and become a part of something much larger, giving each of us leverage to achieve greater impact than we might have by acting alone.

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