Leverage Community Endowment

While there is no legal definition of endowment, it is commonly understood to be a gift of cash, assets or other property donated to an institution for eternity. Typically, the gift is converted into cash—if it isn’t cash already—and placed into an endowment fund. In this endowed fund, the amount of the original gift is never touched, but is invested to produce income.

An endowment is the concept upon which community foundations and funds are based. It embodies the idea that a community—any community—can decide to take its destiny into its own hands and plan for a better future.

 

In This Area

  • Professional Advisors
    Explore a variety of resources on how best to develop relationships with professional advisors for the benefit of your community endowment.
  • Promotion of Endowment Concept
    Learn effective ways to promote the concept of endowment in order to grow your organization's endowment.
  • Challenge Grants
    Understand what challenge grants are and how to use them to grow your organization's endowment.