Philanthropy, Voluntarism, and Grantmaking

Renaissance Charitable Foundation Inc.

  • Indianapolis, IN
  • www.RCGF.org

Mission Statement

Renaissance Charitable Foundation grew out of the need to find a better way to promote the general concept of philanthropy to individuals and organizations and to increase the efforts of those already active in philanthropy. RCF assists donors in the furtherance of charitable causes dear to their hearts. RCF accepts gifts to a general account and also offers to establish sub-accounts for individual donors, over which such donors will be given the opportunity to offer non-binding charitable distribution advice and recommendations regarding the selection of investment managers.

Main Programs

  1. Grant-Making
Service Areas

Self-reported

National

Renaissance Charitable Foundation was created in the year 2000, and has already grown to over $850 million in assets and over 5,700 donor-advised funds from donors in all 50 states. We have granted over $580 million to charities throughout the United States and around the world.

ruling year

2001

President since 2002

Self-reported

Mr. Gregory W. Baker

Keywords

Self-reported

DAF, donor-advised fund, RCF, RCGF, SEI Giving Fund, Global Gift Fund, community foundation, donor advised fund

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Also Known As

RCF; SEI Giving Fund; Global Gift Fund

EIN

35-2129262

 Number

1662877676

Contact

Cause Area (NTEE Code)

Public Foundations (T30)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

Fund Raising Organizations That Cross Categories includes Community Funds/Trusts and Federated Giving Programs) e.g. United Way (T70)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Grant-Making

Renaissance Charitable Foundation provides a giving mechanism that offers donors the opportunity to recommend which qualified charities should receive grants from the funds they contribute, to recommend which investment manager should be retained by RCF to manage the funds contributed, and to obtain easy and regular access to information concerning the investment performance of the funds they contributed.

Category

Population(s) Served

General Public/Unspecified

Budget

$26,610,105.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    Be America's Leading provider of private label and white label DAF Programs. Grant over $100 million to charities each year. Make over 15,000 grants each year to charitable organizations throughout the US. Attract more gifts of business interests. Improve operational efficiencies. Improve donor communications and reporting capabilities.
  2. What are the organization's key strategies for making this happen?
    Increase our focus on operational management expertise. Re-Design our donor-facing website over the next 18 months. Continue to get the message out that we offer private label DAF Programs. Define, Measure and Track additional key statistics.
  3. What are the organization's capabilities for doing this?
    Our leaders have strong subject matter expertise. Long history (16 years) of being a flexible provider of DAF Services. We currently (2016) operate 22 different DAF Programs with separate fee schedules, separate investment options, separate marketing materials, etc.
  4. How will they know if they are making progress?
    Receive a minimum of 10 gifts of a business interest each year. Add 5 new DAF Programs by December 2017. Upgrade our Donor Statements by September 2017. Upgrade our Donor Website again by June 2017.
  5. What have and haven't they accomplished so far?
    In the past 4 years, we have: Created 15 new Private Label DAF Programs with separate fee schedules, separate investment options, separate marketing materials, etc.; Paid over 83,000 grants to charitable organizations throughout the United States and around the globe; Granted $525 million to charitable organizations throughout the United States; Received over $850 million in contributions; Received over 50 gifts of business interests; and Rolled out a new Donor Website in March 2016.
Service Areas

Self-reported

National

Renaissance Charitable Foundation was created in the year 2000, and has already grown to over $850 million in assets and over 5,700 donor-advised funds from donors in all 50 states. We have granted over $580 million to charities throughout the United States and around the world.

Social Media

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Renaissance Charitable Foundation Inc.
Fiscal year: Jan 01-Dec 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Renaissance Charitable Foundation Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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President

Mr. Gregory W. Baker

BIO

Gregory W. Baker, J.D., ChFC®, CFP®, CAP, President of Renaissance Charitable Foundation, speaks frequently on charitable tax law and giving at national and local conferences. He also writes articles for several publications. Mr. Baker has consulted on over $6 Billion of charitable gifts in the past 30 years. These charitable gifts have included direct gifts as well as structured giving through wills, charitable remainder trusts, charitable lead trusts, private foundations, donor-advised funds, and charitable gift annuities.

Governance

BOARD CHAIR

Mr. Steven R Ko

No Affiliation

Term: Dec 2000 -

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

No

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
This organization reports that it does not collect this information for Senior Staff, Full-Time Staff, Part-Time Staff and Volunteers.
Race & Ethnicity
This organization reports that it does not collect this information.
Sexual Orientation

This organization reports that it does not collect this information.

Disability

This organization reports that it does not collect this information.

Diversity Strategies
No
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
No
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
No
We have a diversity plan
No
We use other methods to support diversity