Yes, nonprofits can start endowments — and we’d be pleased to help your organization start an endowment fund that can grow over time, providing a source of lasting support.

If your organization already has an endowment, you can transfer management of the funds to the Foundation. We can then help you manage the funds and reduce your organization’s need for internal capacity.

There are two types of Nonprofit Endowment Funds:

• Organization Endowment: An organization establishes a fund with its money
• Donor Designated: A donor establishes a fund for the benefit of an organization

Endowment funds are most successful and yield the most investment potential the larger they are. By pooling your funds with the Foundation’s endowment you will enjoy the benefits of a diverse investment portfolio and low investment fees that typically come only with very large funds.

A Nonprofit Endowment Fund may be established with a minimum $25,000 contribution that can be grown over 2 years. Once the minimum contribution is reached, donors can continue any amount to the fund at any time, receiving tax benefits with each new gift.