Client Fund Management Since 1986 Arlington Heritage Group has managed trusts for human service providers and 501C3s The Provider Trust is used by nonprofits to better manage funds of individuals in their care ID: 779854
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Slide1
An Institutional Solution to Client Fund Management
Slide2Since 1986, Arlington Heritage Group has managed trusts for human service providers and 501(C)3s. The Provider Trust is used by non-profits to better manage funds of individuals in their care.
Slide3Slide4Why
The Provider Trust
? Trusteeship - the
Provider is the Trustee and has control over key decisions and policy.
Resolves
Eligibility & Spend-down concern about resource limits and frivolous spend-down eliminated
Residual
-
Use
of residual, which can grow over time, determined by Trustee
Transparency
- Executives
, fiscal, and team can monitor balances and expenses for all individuals with a trust account.
Minimal Cost
- Arlington
provides back-office support, training, archiving and compliance. Low annual fees born by trust. Consolidation of accounts can save staff time and
expenses.
Slide5Legal Guidelines
The
Trustee must be a non-profit 501(C)(3) entity
Individual with the trust account must be disabled as per SSI criteria
Individual trust must be created by a parent, grandparent, guardian, court, or the person him/herself.
Funds placed into the trust must be irrevocable and therefore do not count as an SSA resource.
Money in the trust can only be used for the sole benefit of the
individual
Every non-profit or for-profit with a foundation can operate
The Provider Trust
Slide6The Provider Trust In Action
Single state non-profit with $33M in revenue and $11M in assets and 30 year history of stable operations. Among the first to partner with Arlington Heritage Group and adopt the Provider Trust.
Slide7Growth of Trust, Growth of Residual…
Slide8One Case Study…
Slide9Thomas Tirney
Arlington Heritage Group, Inc.
tgtirney@ahgtrusts.com(215) 672-1184