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Nonprofit Endowment Fund
Nonprofits that have all or part of their endowment at the Community Foundation are called Endowment Partners of the Foundation.
Nonprofit organizations can establish a permanent organization endowment fund to support their mission in perpetuity. The assets are held at the Community Foundation, and 4.5% is paid out to the nonprofit organization each year. The minimum amount to open a nonprofit endowment fund is $10,000.
An endowment fund helps ensure the long-term viability of a nonprofit organization and provides an attractive incentive for donors to support the organization’s important work. Becoming an Endowment Partner of the Foundation makes it possible for nonprofits to focus on their mission, rather than spending valuable time and resources on investment management. We are a trusted resource for more than 100 local nonprofits and look forward to working with you.
