WHAT IS THE NOVUS SOCIETY?
What do you want to change in the world? Maybe it’s improving early childhood development, or moving people away from dependence, or enacting important policy changes.
We value charitable giving a lot in the U.S. – so much so that we are unique among other countries. Charitable giving drives most of what matters to us, from supporting our alma maters, sponsoring our friends in walkathons, and being generous with non-profits in our community.
To really change the world, it’s time to go beyond giving a little here and there to becoming more strategic in your charity.
Are you ready to go from simple donor to philanthropist?
With a donor-advised fund as part of the Novus Society, the distance between merely donating and being a philanthropist has never been shorter.
Novus Society at DonorsTrust will engage with and grow the next generation of philanthropists. It offers donor-advised fund accounts for young professionals under the age of 40, featuring lower minimum opening contribution requirements and opportunities to expand your charitable giving horizons by working collaboratively with your peers.
WHY NOVUS SOCIETY?
We think anyone can be a philanthropist, because philanthropy doesn’t depend on the amount of money you’re giving. Instead, what matters is the amount of thought and strategy you’re putting in.
The rising generation of young professionals is generous and committed to charitable giving. Yet we’re time-poor and can’t always give as much as we would like right now.
Plus, there is a sea of choices in terms of causes, organizations, and even ways to give. How can you know if your giving is being effective?
Your membership in the Novus Society can help you cut through the clutter in four important ways:
Meet and learn from some of the most effective philanthropists in the world
Take part in special events with fellow Novus Society members and the broader DonorsTrust community
Use your giving to protect and grow economic and personal freedom for everyone
Streamlined giving with the fastest growing and simplest charitable tool – a donor-advised fund
HOW IT WORKS
WHO WE ARE
The Novus Society is a project of DonorsTrust, a community foundation with a commitment to limited government, personal responsibility, and free enterprise.
DonorsTrust brings more than 17 years of experience to understanding the liberty movement and the charitable action that supports those principles.
DonorsTrust serves as more than just a platform for the mechanics of a donor-advised fund. The clients and friends of DonorsTrust will serve as a network of mentors to Society members, and the list of more than 1,700 pre-vetted organizations that have received grants from DonorsTrust gives Society members a starting point for any avenue of giving they choose.
Support to launch the Novus Society comes from the Whitney Ball Memorial Fund at DonorsTrust.
Whitney Ball was a powerhouse in the liberty movement, starting DonorsTrust with a single account and fostering it to an organization bringing in more than $100mm each year.
Cancer cut her life short in 2014, but her commitment to strengthening the network of groups working to advance liberty lives on through DonorsTrust and in the new generation of givers fostered by the Novus Society.
Who can be a member of the Novus Society? Donors under the age of 40 with a commitment for the principles of liberty, free enterprise, and limited government.
What does it cost? An account can be opened with $1,000. Once the account has reached $5,000, you can begin recommending grants. There is no minimum balance after that. All contributions to your account are fully tax-deductible. DonorsTrust charges 1% annually for our work in handling the due diligence, check-writing, and account management.
How do I use my account? Think of your donor-advised fund as a charitable savings account. You contribute in, receive your tax deduction, and then have funds ready and available when you come across a non-profit organizations you’d like to support. It’s a bit like a private foundation, but much cheaper, and it’s simpler than donating to individual organizations as DonorsTrust does all the work of making the grant. You just tell us where it should go.
Can you recommend charities for me to consider? You may already have a specific set of groups to support. Or you may care about certain issues but lack a clear sense of the “charity landscape.” DonorsTrust can help you work through your intent and help pair your interests with appropriate organizations. (We’ve made grants to over 1,600 groups so we have a good sense of what might be available to you.)
What can’t I do with my account? DonorsTrust was founded to support donors who care about the principles of liberty, namely limited government, personal responsibility, and free enterprise. Your grants can support most any 501(c)(3) non-profit (including religious institutions) so long as it doesn’t work to expand government and takes a minimal amount of government money. You also can’t use your account to give to anything where you’d get something in return, whether that’s a seat at a dinner or a commemorative tote bag.