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Raymond James Trust Company Selects NorthStar 500(R) Charitable Operations Management Software to Streamline Donor Advised Fund Operations through the Raymond James Charitable Endowment Fund.

Implementation Will Streamline Contribution and Grant Processing, Accounting, Investment Management and Reporting While Providing Donors and Financial Advisors with Real-Time Access to Online Account Information

STROUDSBURG, Pa. -- Stellar Financial, Inc., a leading provider of web-based philanthropic management software, today announced that Raymond James Trust Company, a subsidiary of Raymond James Financial, Inc. (NYSE:RJF), has selected the NorthStar 500 Charitable Operations Management Platform to administer the Raymond James Charitable Endowment Fund (RJCEF), a St. Petersburg, FL, based foundation that provides philanthropists with donor advised funds. The selection is part of Raymond James[THORN]a enterprise-wide initiative to streamline operations, expand product and service offerings to donors and supported charities and provide additional support tools to financial advisors.

[THORN]At Raymond James, our primary goal is to provide our clients with the best philanthropic knowledge, tools and support services available to help facilitate their charitable initiatives,[THORN]O said David Ness, president of Raymond James Trust Company and Raymond James Trust Company West. [THORN]We believe our implementation of the NorthStar 500 system will significantly advance that goal while increasing our speed, capacity and effectiveness in administering the fund.[THORN]O

NorthStar 500 will be used to streamline contribution and grant processing, automate accounting and provide real time investment tracking and reporting functionality for Donor Advised Funds. NorthStar will also expand support capabilities for charitable gift annuities, endowments and outsourced administrative DAF processing services for smaller charities via RJCEF[THORN]as Charity Advised Accounts offering.

Raymond James will also implement NorthStar 500 DonorWeb[R]', an extension of NorthStar 500 that provides donors with online account access to view real-time account balances and investment holdings, recommend grants, manage custom lists of favorite charities, review transaction histories and monitor the status of pending grants and transactions. Via DonorWeb, financial advisors will have access to specialized views into their clients[THORN]a philanthropic accounts to help facilitate comprehensive charitable advising capabilities as an additional component of overall asset management services.

[THORN]Raymond James has set very clear objectives to expand their offerings, advance the level of services provided to donors, and increase organizational efficiency and capacity in all facets of fund operations,[THORN]O said John Coogan, Managing Director of Stellar Financial. [THORN]We[THORN]are pleased that the implementation of NorthStar 500 is an integral part of those initiatives and we look forward to helping Raymond James achieve these goals.[THORN]O

About The Raymond James Charitable Endowment Fund

The Raymond James Charitable Endowment Fund, founded in 2000, is a 501(c)(3) public charity that operates as a donor-advised fund. Its Trustee, Raymond James Trust Company, is a subsidiary of Raymond James Financial, Inc. (NYSE:RJF), a[R]Florida-based diversified[R]holding company providing financial services to individuals, corporations and municipalities through its[R]subsidiary companies. For more information visit the Raymond James Charitable Endowment Fund at

About Raymond James Trust Companies

A subsidiary of Raymond James Financial, the Raymond James Trust Companies are comprised of the Raymond James Trust Company and the Raymond James Trust Company West. They offer complete personal trust services, including serving as trustee or as an agent or custodian for individual trustees. They also serve living trusts, charitable remainder trusts, life insurance trusts, specialty trusts and IRA rollover trusts. They manage more than $1 billion in assets for trust clients. For more information please visit

About Stellar Financial

Stellar Financial, Inc. is a Stellar-McKim Company based in Stroudsburg, PA and a leading provider of integrated philanthropic management software for charitable organizations. Built on a fully web-based platform Stellar Financial solutions power some of the most advanced Donor Advised Fund, Endowment and Planned Giving programs in the nation and provide back-office processing for over $4 billion in client assets. Stellar Financial clients boast advanced capabilities in online donor services, administrative and financial processing and overall operational efficiency. For more information visit Stellar Financial on the web at
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Publication:Business Wire
Date:Oct 4, 2006
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