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.
This is a closed event for CFOS Staff and Finance Committee Members ONLY.
This is a closed event for CFOS Staff and Executive Committee Members ONLY.
Join the Community Foundation of Orange and Sullivan for a FREE SEMINAR with speakers Susan Diamond, MSW Agent, New York Life Insurance Company, Bonnie Orr, CPA, Judelson, Giordano & Siegel, CPA, P.C. and Richard Shapiro, Esq., Blustein, Shapiro, Rich & Barone, LLP to bring together donors and prospects and educate them on how to be a philanthropist, to foster learning, inspiration and wonder, and help build the capacity for engaged philanthropy – so that they can achieve their philanthropic ambitions for themselves, their families and their communities.
In this seminar we will cover:
- wealth transfer
- heir preparedness and philanthropic planning
- philanthropic tax strategies,
- differences among charitable vehicles
- how to activate a strategic giving plan
- look at charity as a way to transfer wealth, Benefits of donating long-term appreciated assets or complex assets
- help identify and meet their long term goals, how to articulate charitable goals and implement effective gifts.
Light refreshments will be served.
To reserve your spot at this seminar, please email Sarah Pruschki at email@example.com
The 1st Annual Give Back to the Youth Trunk or Treat will be held at
New Wonders Learning Center, 201 Dolson Ave, Middletown, NY
on October 28th
from 12pm – 2pm
Vendor set up starts at 10:30 am
All vendors must sign and return form along with payment of $25.00 back to New Wonders Learning Center,
by Friday October 20th.
All checks can be made payable to: New Wonders Learning Center, Inc.
YOU MUST PROVIDE YOUR OWN TABLE AND SET UP MATERIALS.
YOU WILL BE RESPONSIBLE TO DISPOSE OF YOUR OWN TRASH.
Contact Valarie Petersen with any questions: 845-648-5527 or firstname.lastname@example.org
This event will support the Friends of Orange County Youth Bureau charitable fund for services and special projects not currently in the Youth Bureau’s operating budget. Learn more at https://cfosny.org.
The St. Pat’s Ramble invites you to join us at our 1st Annual Boos & Booze HALLOWEEN BASH!
*21 and Older Please-ID is required for entry*
$25.00 Per person
Includes: Buffet Stations, Hors d’oeuvres & Desserts!
*Signature Drink specials featured by ANGRY ORCHARD!
*DJ E-Rock spinning the tunes!
*Costume Contest: including prizes for…
Best Overall, Best Couple, Funniest, Scariest, and more!
PROCEEDS TO SUPPORT THE ST. PAT’S RAMBLE!
Tickets are available for purchase online, or at Copperfield’s Pub (Cash Only)
Maria Ingrassia, Emily Green & Andrea Nilon
Ann Marie Maglione
Director, Orange County New York Office for the Aging
Fried Green Salad
Entree (choose one)
A~Waldorf Turkey Sandwich – B~Cranberry Chicken Wrap – C~Big Island Sandwich made with Ham
*indicate choice of entree using letter on RSVP
Dessert – Key Lime or Peanut Butter Mousse
Coffee/Tea and soft drinks included & Cash Bar
RSVP: October 23rd (Please do not call The Table to make a reservation.)
Make checks payable to: Women’s University Club of Middletown
Mail payment, guest names and entree choice letters to:
59 Eisenhower Drive
Middletown, NY 10940
This is a closed event for CFOS Staff and Board Members ONLY. This event will be immediately followed by the 2017 Annual Reception.
Please join us as we honor two outstanding couples, Tom & Janet Sullivan and Anthony & Nancy Kane, for their commitment to community. Both couples are respected business and civic leaders, with dedication beyond compare.
Individually, they are committed to multiple charities and causes; collectively, they are committed to Hospice of Orange & Sullivan Counties. Our 2017 honorees are volunteers, philanthropists, and friends who have impacted the lives of many!
Come celebrate their successes as we present them with the David T. Cocks Award for Commitment to Community. This prestigious award is given to individuals or organizations that have made significant contributions to enrich the lives of others. Named in honor of David T. Cocks, who served the Community Foundation with distinction as Vice President of Finance from 2002-2011, this award is given annually in recognition of outstanding community service and leadership.
- Anthony & Nancy Kane and Tom & Janet Sullivan to be Honored by Community Foundation Awards to be Bestowed During November 15 Annual Reception
- Memorial Fund for Late Minisink Valley Counselor Established Within Community Foundation
- Ambitious Student Becomes Community Foundation’s Youngest Fund Representative to Date
- Community Foundation Awards Over $400,000 in Scholarships to Students in Orange and Sullivan Counties
- Safe Harbors of the Hudson Establishes Endowment Fund Within the Community Foundation
- Community Foundation of Orange and Sullivan Announce Hudson Valley Animal Shelter Fund Grant Recipients
- Financial Assistance Available for Teens in Need
- Over a Hundred Local Nonprofits Registered for “Hudson Valley Gives” Second Annual Regional Day of Online Giving Scheduled for May 17
- Ambitious Students Become Community Foundation’s Youngest Fund Representatives to Date
- Community Foundation Awards Board Member William J. Bratton, Jr. with Karen Minogue Award