The Foundation established the Endowment Fund in 1986.

An endowment consists of funds set aside to fulfill a designated purpose. A fund may be established by the action of the Board of Directors or by the wishes of a donor. Endowment funds are invested and generate annual income to support the Foundation's mission.

Why does the Foundation seek endowment gifts?

• Even the strongest economies go through slowdowns or downturns periodically, making it necessary for the Foundation to establish stable, predictable sources of income.
• An endowment fund offers a permanent pool of assets that generates income and grows over time.
• An endowment fund can partially alleviate the worry over annual fund raising.
• An endowment fund can help the Foundation move toward long term financial planning, while also strengthening the organization in the eyes of donors.

For more information please contact the Foundation Executive Director at 615-695-2626.