Connecting People Who Care with Causes that Matter

For Nonprofits

Building for the Future: Creating a Non-Profit Endowment Fund

The Community Foundation is an ideal vehicle for building an endowment to help any non-profit organization better meet current challenges and provide long-term stability for the future of the organization. The Community Foundation provides investment oversight of the funds and many other services.

What is an agency endowment?

An agency endowment, which grows through gifts from generous donors and investment income, is a permanent pool of charitable dollars whose earnings benefit a specific organization. Only a portion of the earnings are spent for purposes determined by the nonprofit’s board, or in some cases, the wishes of the donor.

Who should create an endowment?

Organizations with an outstanding track record of service to the community, strong leadership and management, financial stability and accountability, a committed and diverse pool of donors, board and staff commitment to the effort, and the capacity to engage in this long-term fundraising strategy are the best candidates for endowment development.

Why does your organization need an endowment?

An endowment demonstrates that your organization has made a long-term commitment to your mission. It provides an additional source of annual income. Endowment earnings can be used each year to help fund operations, programs, and unanticipated needs.

Who can establish an agency endowment with the Foundation?

An agency endowment can be established by a non-profit, tax-exempt 501(c)(3) organization or by a donor of that organization.

How do you set up an endowment?

Your board can readily establish an endowment with the Community Foundation by completing an agency fund agreement and making an initial contribution of at least $5,000.

How can you build your endowment?

  •  Select a committee to plan the effort, fundraise, and meet with potential donors.
  • Create an endowment building plan which includes responsibilities of staff and board, strategy for building the endowment, an investment policy, a spending policy, a gift acceptance policy, a marketing plan and a donor recognition plan.
  • Seek donations of cash, appreciated securities or planned and deferred gifts.
  • Encourage donors to include your organization in their wills.
  • Become educated about endowment building and planned giving. Staff and Board must be able to explain the difference between annual fund, capital fund and an endowment.
  • Contact us. We can help simplify the endowment building process.

Upcoming Events

Jul
3
Mon
2017
Office Closed
Jul 3 all-day
Jul
4
Tue
2017
Independence Day – Office Closed
Jul 4 all-day
Jul
9
Sun
2017
The Matthew R. Bertholf Scholarship Fund Horseshoe Tournament @ Neversink Firemen's Pavilion
Jul 9 @ 8:30 am – 3:00 pm

Registration begins at 8:30 AM

The tournament will be followed by a BBQ lunch.

Jul
12
Wed
2017
CFOS Distribution Committee Meeting @ CFOS Conference Room
Jul 12 @ 8:00 am – 9:00 am

This is a closed event for CFOS Staff and Distribution Committee Members ONLY.

Jul
17
Mon
2017
Sullivan County Scholarship Reception @ The Arnold House
Jul 17 @ 5:00 pm – 6:30 pm

New this year!

By invitation only.

In honor of the 2017 scholarship recipients, their families and all donors who made these scholarships possible, we welcome you to attend one or both of this year’s receptions. 

Light refreshments will be served.

RSVP by Monday, July 10

Jul
27
Thu
2017
CFOS Full Board Meeting @ Orange County Chamber of Commerce Business Center - Larkin Conference Room
Jul 27 @ 3:30 pm – 4:30 pm

This is a closed event for CFOS Staff and Board Members ONLY. The 2017 Scholarship Reception will immediately follow this meeting at 5:00PM.

2017 Scholarship Reception @ Village of Montgomery Senior Center
Jul 27 @ 5:00 pm – 6:00 pm

This event is by invite ONLY. For more information please contact the Event Organizer listed.

Aug
5
Sat
2017
The 4th Annual Copper Bowl @ The Country Club at Otterkill
Aug 5 all-day
Aug
11
Fri
2017
CD Trips: Yankee vs. Red Sox
Aug 11 all-day
Aug
12
Sat
2017
3rd Annual Yankees Baseball Benefit Trip for the Robert Van Etten, Jr. Fund
Aug 12 @ 11:30 am – 10:30 pm

Red Sox vs Yankees
August 12, 2017, Saturday 4:05 PM
Yankee Stadium, Bronx, New York
Itinerary*
11:30 am Depart Liberty Darbee Lane Parking Lot
Pickups in Monticello, Rock Hill, Wurtsboro, Circleville & Monroe
2:00 pm Arrive at Yankee Stadium
4:05 pm PLAY BALL – Red Sox vs Yankees
*7:30 pm Depart Yankee Stadium
10:30 pm Return to Liberty
*Itinerary subject to change depending on when game ends and traffic volume
All packages include: R/T Motor Coach, ticket to game, CD Trips
snack pack, CD Trips onboard guide, feature movie, games &
giveaways, bus driver gratuity and lots of fun. Optional Last Licks
Boxed Lunch (Add $12).
RESERVE NOW!
www.cdtrips.com

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30 Scott’s Corners Drive, Suite 203
Montgomery, NY 12549
Ph: (845) 769-9393
Fax: (845) 769-9391
e-mail us

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Text CFOSNY to 22828 to sign up for our mailing list - Message and data rates may apply

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