Agency Endowments - Building for the future.
A nonprofit organization can establish an Agency Endowment at The Community Foundation. It's a simple and efficient way to build an endowment - and helps create sustainability - for the organization. The Foundation's staff also can help the organization develop planned giving programs and assist with investment management. Minimum gift: $10,000.
Agency Investments - Responsible reserves and the best return.
Most nonprofits build a responsible reserve (or "nest egg") of at least three to six months of operating expenses in case of an emergency or loss of an important funding source. This is not irresponsible, but it does leave the organization with underperforming assets AND sometimes even penalties if they need to access their money right away. By utilizing the foundation, a nonprofit organization can open an Agency Investment Fund, leverage their dollars with our$60 million + investment pool, and make substantial income on their dollars and still be able to access it at any time with no penalties. To find out more about options for your nonprofit organization, please contact our office.