The Future Needs Funding Program, or FNFP, allows a non-profit organization, referred to here as NPO, to track assets intended for, but not yet given to a non-profit organization. This includes the broad range of accounts or insurance policies that may be donated via beneficiary designations, or transfer on death designations.  Many potential donors intend to leave funds to a non-profit organization, but for various reasons may not be in a position to make outright gifts at a particular point in time. The problem becomes where the non-profit organizations have no efficient means of tracking gifts intendedfor their organization or cause.  This represents dollars lost because, despite the donor’s best intentions, those potential donors often don’t change their estate plans or beneficiary designations. The amount of potential funding lost is staggering. In most cases the non-profit organization doesn’t even know what it missed, until now. 

The Future Needs Funding Program is a process that gives the potential donor an easy option to change the beneficiary on an account with beneficiary provisions. This can be: life insurance, annuities, IRAs, company retirement plan accounts, or transfer on death accounts.  When a donor designates a non-profit organization as a beneficiary through the Future Needs Funding Program, the Future Needs Funding Program comprehensive database is updated to reflect the dollar amount earmarked for the non-profit organization. 

This dollar amount is compiled with all other funds earmarked for the non-profit organization, and the organization sees the total earmarked amount for all donors’ beneficiary gifts in a comprehensive endowment report.  The report provides a breakout, based on life expectancy tables, of approximately when the assets earmarked for the non-profit organization may become available.   A donor has the option of providing contact information to the non-profit organization in order to be recognized, or choosing to remain anonymous.  This report shows the non-profit organization’s current endowment fund balance plus the amount of beneficiary gifts earmarked for the non-profit organization, and compares these totals with the endowment goal of the non-profit organization.  A number of other related reports, useful for fundraising purposes, are available to the non-profit organization as well.  Donors, potential donors, and financial institutions also have access to reports specific to their participation in the Future Needs Funding Program.