Agent for Not-for-Profit Organizations

Entrusting your organization’s finances to JCB allows you to focus on more important things.

JCB can act as agent for your organization, possibly for some specific purpose, such as investment management, or to generally manage the financial matters of your organization. As Agent for your organization, we can safe-keep and manage assets, conduct banking and other financial transactions, invest your money, collect income, pay bills, see to tax preparation and prepare periodic financial reports for your review.

How Can Your Organization Benefit from this Service?

  • Time
  • By assigning the responsibility for many administrative tasks to JCB as your agent, significant time is returned to your volunteer members to dedicate to your group’s real purpose.
  • Continuity
  • Benefits are also found in continuity of record keeping and reporting methods, as responsibility for these duties can remain with JCB on a long-term basis rather than passing to a new volunteer every year or two.
  • Results
  • Considering our expertise as investment managers, our constant monitoring of your assets and our access to a wide variety of investment vehicles, many organizations have found that the financial benefits of these arrangements more that pay the cost.
  • Experience
  • JCB is experienced in assisting with the financial affairs and general administration of not-for-profit corporations, private foundations, church foundations and endowment funds, cemetery perpetual care funds, charitable trusts and similar organizations.

For more information about these arrangements and about how your organization might benefit by having JCB act as your Agent, please contact the Trust Department and speak with one of our Trust Officers.