In 2019, two pastors from my church approached me with a request: would I be willing to create a foundation or endowment to raise money for the Christian school our church operates? Without hesitation, I said yes. Both of my children had attended the school, and it had a profound impact on our family.

While I had experience serving on nonprofit boards, I had never started a nonprofit from scratch. This was entirely new territory. I spent the first year immersed in research—consulting legal experts, meeting with our church’s board of elders, and speaking with leaders from other schools that had established foundations.

Then, in October 2020, I was introduced to Ross Hjelseth. Ross had served as the head of schools at Life Christian Academy in Tacoma, WA, where he helped establish their foundation. His coaching and consulting played a crucial role in helping us navigate the process and make meaningful progress.

Having gone through this experience—and after receiving multiple inquiries from others looking to do something similar—I realized it would be valuable to record a podcast on the topic. My goal is to provide a roadmap for anyone considering starting a foundation, helping them move forward more efficiently.

In today’s episode, I’m joined by Ross to discuss the process, key steps, and timeline involved. While Qualified Charitable Distributions (QCDs) and Donor-Advised Funds (DAFs) are sufficient for most people's charitable giving, for those interested in establishing a foundation, this conversation is for you. I hope you find it helpful.

To find links and resources mentioned in today's podcast, visit SoundRetirementPlanning.com and click on episode #448.

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