Frequently Asked Questions
1) What programs does the Foundation provide?
The Foundation offers current programs for family support, disaster relief, the Hall of Honor, member remembrance, professional development, youth scholarships, and writing and research awards. Planned programs will include educational development and scientific efforts. For a full description of Foundation programs, please see the Foundation Programs page of this website.
2) Who receives the benefits from the Foundation?
The Foundation was established so that FBINAA members would be the primary beneficiaries in times of extreme financial hardship, for disaster relief, and the awarding of scholarships. In addition, the Foundation may assist the family of a member who dies as a result of adversarial action.
3) Why have a Charitable Foundation?
The charitable foundation can significantly complement our Association by supporting new programs for the welfare of our membership. Today many corporations and various types of associations have established connected charitable foundations in order to raise funds that support a wide range of charitable causes and educational projects. The IACP and Society of Former FBI Agents both have strong foundations that support their respective associations.
IRS approved 501(c) (3) foundations for charitable purposes are permitted to solicit donors and actively engage in fundraising in support of their approved mission and purpose. Foundation donors receive a tax deduction, while the contributions, which are the Foundation's revenue, are exempt from federal income tax. Foundation contributions can also accumulate and grow tax free, providing stable long-term investment income to support foundation programs that provide recipients with humanitarian and educational benefits in line with the foundation's mission.
4) Isn't the Association already designated a 501(c) 3 tax exempt organization by the IRS?
Yes; in September 1993 the Association was determined by the IRS to be a 501(c) (3) organization, an organization exempt from federal income tax under certain conditions. In the original filings the Association obtained its 501(c) (3) status, as a membership organization, under an educational purpose option. This is clearly set out in all our founding documents. The Association's 501(c) (3) status was not established for a charitable purpose, or as a charitable fundraising organization. As a result we cannot legitimately conduct charitable fundraising activities, advise contributors that their contributions are tax deductible, and then expend these funds for humanitarian causes that are beyond the Association's IRS approved mission. The FBI NAA, Inc. Charitable Foundation was established for that purpose.
5) How is the FBINAA Charitable Foundation organized and how will it operate?
The FBI NAA Charitable Foundation, Inc. is incorporated in Virginia and is a separate legal entity from the Association. However, the Foundation is linked to the Association and was established to serve its members. The Foundation has been designated as a tax exempt 501(c) (3) organization for charitable, educational and scientific purposes. The Foundation is governed by a Board of Directors. The Association's Immediate Past President serves as the Chair of the Foundation's Board of Directors and Directors are appointed by the Association Executive Board. The Foundation's Board of Directors are all volunteers, most are NAA members, and they are not paid a salary. For more detailed information regarding how the Foundation is organized please go to the Foundation By-laws page.
To minimize the Foundation's overhead expenses the Board of Directors will manage the operations of the Foundation with as needed assistance from the Association's Executive Office. The Foundation will have separate bank accounts and processes. Current Executive Office staff will assist in supporting the foundation's processes and daily operations.
Every effort was made to establish and to run the Foundation in a very cost effective manner.
6) Is my donation to the foundation fully tax deductible? Will I receive a receipt for my contribution?
Yes; in most cases your contribution to the foundation is fully tax deductible because the foundation is an IRS recognized 501 (c) (3) tax exempt organization. However, the IRS imposes other limits on deductions so you should always consult with your tax advisor regarding your specific situation. You will also receive a letter/receipt for your tax records.
7) May I use my credit card to make a contribution to the foundation?
Yes - Click here
8) May I make a contribution in memory of another?
Yes, and in the Principal Supporter and Key Partner donor programs your gift to the Foundation will be permanently memorialized in the name of the person you designate. Please see the "Donor Program" information.
9) May I designate my contribution to a specific foundation program?
Yes, you may designate your contribution to a particular program or to the Foundation's general fund. The Board of Directors will allocate general fund contributions to the Foundation's programs.
10) Can Chapters, corporate partners, academic partners, businesses, and other associations contribute to the Foundation?
Yes, absolutely. The Foundation encourages Chapters, corporate partners and other organizations to support and promote our Foundation.
11) May I designate a contribution to the foundation in my will?
Yes; please contact the Foundation Treasurer for assistance.
12) How do I request assistance/information from the Foundation?
The Board of Directors is comprised of a Director for each of the four sections of the Association. Please contact the Director for your section; go to the Foundation's Home Page on the Association's website to find out who that person is. You may also reach out to your home chapter for help with requesting assistance/information of the Foundation.