 If your nonprofit organization wants to benefit from the Foundation’s professional endowment management and free your staff and board to concentrate on your programs and mission, create an agency fund.
Your agency fund can be an endowment fund to support your organization in perpetuity, or an nonendowed fund to establish cash reserves.
Your fund can be set up in three ways:
- Permanent Endowment
The fund's principal is invested in perpetuity and only earnings are distributed for grants.
- Nonendowed Growth Fund
The fund is invested for capital appreciation, but allows distribution of principal.
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To speak to someone about establishing a fund, please contact the Foundation’s Development Team or call us at 919-474-8370. |
