Supporting Wilmington’s Good Shepherd Center
Legacy giving in support of Good Shepherd Center’s mission to feed the hungry, shelter the homeless and foster transition to housing. Good Shepherd’s priority is to transition homeless individuals and families to permanent housing.
What is the Clark James Foundation – Who Does it Serve?
The Clark James Foundation is the official endowment arm of the Good Shepherd Center and assists all donors interested in creating perpetual gifts for supporting the work of Good Shepherd Center through planned giving via bequests, trusts, annuities, insurance, or gifts of real estate.
The Clark James Foundation has two primary missions
Stewardship of extraordinary legacy gifts to aid Good Shepherd Center in perpetuity and providing continued service and oversight as the official legacy gift arm of Good Shepherd Center.
Does the Clark James Foundation fund any other organizations?
No, the Clark James Foundation was established exclusively to serve the needs of Good Shepherd Center, both through the estate gift of its founding donor Clark James, and through subsequent gifts from others who seek to support Good Shepherd in perpetuity by creating endowed funds or through planned giving.
How are Clark James Foundation funds used to benefit Good Shepherd Center?
Funds managed by the Clark James Foundation provide annual income to the operations, facilities, or other critical needs of the Good Shepherd Center. As an IRS 509(a)(3) supporting organization, the Clark James Foundation distributes funds annually to Good Shepherd Center based upon the average of year-end fund balances from the prior three years.
Can donors create their own named endowments to benefit Good Shepherd Center?
Yes, donors are encouraged to create a named fund through current gifts or through a future planned giving arrangement. Cumulative gifts of $25,000 or more will be recognized as separate named funds in perpetuity. Cumulative gifts less than $25,000 are pooled to provide annual income to Good Shepherd Center.
How can gifts be made or funds created?
You may contact Good Shepherd Center staff to discuss ways you can create a legacy to serve those who are hungry or homeless in southeastern North Carolina.
Are there any management fees for creating an endowment fund?
How will my gift be used?
Good Shepherd Center utilizes gifts in support of its mission to feed the hungry, shelter the homeless and foster transition to housing. Donors provide support for Good Shepherd Center programs and services including Soup Kitchen, Second Helpings, Day Shelter, Night Shelter, Medical Clinic, Sgt. Eugene Ashley Center, and SECU Lakeside Reserve.
How do I advise Good Shepherd Center of my intentions?
Good Shepherd Center relies on planned gifts to insure the future stability of the organization. In order to recognize and acknowledge donors during their lifetimes, Good Shepherd Center requests donors complete a Confidential Bequest Form so that donors can be listed as members of the Shepherd Society and inspire others to make planned gifts.