Endowments Matter
An Endowment is a permanent fund, kept separate from an organization’s operating fund, consisting of cash, securities, and/or property, which is invested in a diversified manner to produce income. As directed by the policies and procedures governing the endowment fund, an organization can only use a portion of the fund thus preserving the value of the charitable gifts.
Endowments:
- Provide your donors with an opportunity to support your charity forever
- Prepare and position your church or nonprofit to leverage new opportunities
- Provide financial strength
- Grow in perpetuity