Establish an Endowment … build for the future

Endowments allow individuals, families and nonprofit organizations to insure lasting impact by preserving principal and making grants from income. Your endowment gift may be part of a legacy fund, donor advised fund or the General Endowment.

The gift that keeps on giving. Consider how an endowed gift grows. A $100,000 gift today could be worth more than $250,000 fifteen years from now: $158,000 in assets and $100,000 in grants. In twenty-five years, grants will total more than $200,000. And by year fifty, your fund will be worth more than $1 million: $455,000 in assets and cumulative grants of $627,000. That’s a philanthropic rate of return of nearly 1000 percent in grants and growth. **This example assumes a five percent annual payout and an average 8.5 percent rate of return.

Today’s gift … your legacy. By endowing your gifts today, you will make a difference during your lifetime and provide a gift that lasts forever.

Efficient, effective, impactful. When donors or nonprofit organizations work through the Foundation to achieve their charitable goals, they benefit from the expertise of experienced local program staff, community leadership and investment management.

Invest in the Future

We provide investment oversight, saving your staff and Board time, and enabling you to focus on growing your program. Your agency’s funds are co-mingled with other endowment funds for investment purposes, which reduces investment management fees.  Once established, the fund’s income can be directed each year to your organization’s operating budget, giving you additional revenue to support your good work.

Five steps to opening an agency endowment fund

1. Talk to our staff. We are here to discuss the details of creating an endowment fund with you.
2. Engage your Board. Our staff will assist you in developing a case for the creation of an endowment that can be presented to your Board of Directors.
3. Complete the paperwork. Our fund agreement is all you need to get started. Please contact us with any questions.
4. Tell us about your goals.  Our goal is to help your organization fulfill its mission.
5. We handle the administrative details. Once your fund is established, we are the fiduciary. We manage the investment of your fund, conduct monthly reviews of performance against benchmarks and provide you with quarterly Fund Status Reports.