Endowment ManagementSM Account (EMA®)
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Manage a Nonprofit’s Cash and Portfolio

501(c)(3) nonprofit organizations can manage their cash and investment portfolios together through the Merrill Lynch Endowment ManagementSM Account (EMA® account). By combining the best features of banking services and investing, the EMA account offers virtually all the financial resources you need in a single account. This service lets you sweep idle cash automatically into deposit accounts and keep borrowing to a minimum through an optional credit facility. Plus, you can access funds easily through electronic funds transfer, check writing or a Visa® debit card.

  • Manage cash flow and investments easily through the same account or linked accounts
  • Invest idle cash automatically for optimal returns
  • Reduce interest expense because you need to borrow less
  • Improve donor service through direct contributions to your EMA account

Endowment Management Account Features

Checking

No charge on the first 200 checks processed per month.

Deposits

No charge on the first 100 check deposits each month.

Merrill Lynch Online

No fee.

Funds transfer service

No charge.

Cash access

Via check or Visa card.

Frequently Asked Questions About the Endowment Management Account

Who is an EMA account designed for?

An EMA account is for 501(c) (3) nonprofit organizations. Investment and cash management is made simple and more effective by combining various services into a non-margined central asset account. The comprehensive monthly statement makes it easy for your organization to reconcile accounts and make adjustments to your portfolio.

Our organization has a very satisfactory relationship with a bank; why switch?

You are not required to sever your current banking relationships. In fact, we can serve as the perfect complement to your bank relationship. Merrill Lynch’s goal is to improve your organization’s returns by putting all of your assets to work and by simplifying borrowing and cash management. In addition, the sweep account is the Merrill Lynch bank deposit program, which consists of interest bearing bank deposit accounts at two affiliated FDIC-insured institutions.

Can an EMA enhance a nonprofit’s fundraising and development program?

Yes. Donors may contribute cash and/or securities directly to your organization’s EMA account. The contributions may be made electronically or through a lockbox service. In addition, the nonprofit will receive our quarterly publication, Nonprofit News, published by Merrill Lynch exclusively for finance and development officers of nonprofit organizations.

What kind of philanthropic consulting is available to our nonprofit organization clients?

The Merrill Lynch Center for Philanthropy & Nonprofit Management, a unit of Merrill Lynch Trust Company, provides philanthropic consulting to qualified clients regarding donor development, planned giving policies and procedures, governance, individual donor gift planning and other issues facing nonprofit management.
 

For more information call 1.866.4MLBUSINESS (465-2874) or e-mail us at AskMLBiz@ml.com.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, not a bank, and the WCMA account is not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.

Endowment Management is a service mark of Merrill Lynch & Co., Inc.

EMA is a registered service mark of Merrill Lynch & Co., Inc.

Merrill Lynch and its representatives do not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used for the purpose of avoiding U.S. federal, state or local tax penalties. Please consult your own independent advisor as to any tax, accounting or legal statements made herein.

The Merrill Lynch Private Sales Referral Network is a service through which Merrill Lynch clients are referred to independent third party investment banking firms.