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Endowments are funds used by non-profit organizations like colleges, churches and charities to further their work. An endowment differs from other types of funding in that the principal of the fund is not… More »
Difficulty:
Moderately Challenging
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How to Create an Endowment Fund; Advantages of the Charitable Checking Account Service; Open a Charitable Checking Account Now; Become a Legacy Society Member; Options for People with Disabilities; ... ; We can help you start an endowment (long-term) fund with The Dayton Foundation in five easy steps:
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Access to this website and its content is provided at no charge, and with no guarantees. The content has been made available to assist you in promoting planned gifts. However, the laws and regulations that govern planned gifts are subject to change and sometimes differ from state to state.
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You say you don't know how to get started, just contact us. We regularly meet with churches to help them consider whether they should start an Endowment Fund and how to go about it. We provide sample documents, educational materials and resources.
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First decide whether you really want an endowment -- a fund you agree to invest forever, leaving the principal untouched and spending only the earnings on the investment. The issue here is continuity because you put an endowment away for perpetuity.
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