The Community Foundation understands that nonprofit organizations have a need for stable, predictable sources of income. Grants and donations are only one component of a comprehensive fundraising strategy. An Organizational Endowment Fund at the Community Foundation can help you develop a predictable revenue stream in perpetuity. Here is how it works:

• Your organization can make either a one-time charitable contribution or a series of contributions in order to make the minimum endowment level of $5,000.
• The Community Foundation then sets up a fund named for your nonprofit organization and issues regular statements detailing your endowment fund activity.
• Assets in your organization’s endowment fund are pooled with other endowment funds held by the Community Foundation of South Lake County, and invested using a strategy that preserves wealth by focusing on long-term growth of principal and avoidance of excessive risk.
• As the fund grows, you can either request distributions from the Community Foundation to your nonprofit organization or reinvest the gains in the fund.
• You and your donors can make additional gifts to the fund at any time, including planned and deferred gifts.

To learn more about establishing a Nonprofit Organization Endowment Fund, please click the links below.

• Endowment
• Organizational Endowment
• Frequently Asked Legal Questions about Organizational Endowment Funds