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
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

Aug
17
Thu
2017
CFOS Finance Committee Meeting @ CFOS Conference Room
Aug 17 @ 8:00 am – 9:00 am

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

Aug
21
Mon
2017
The 19th Annual Willie Carter Tuskegee Airmen Memorial Golf Classic @ West Hills Country Club
Aug 21 @ 9:00 am – 6:00 pm

For more information on this event, please click here.

Aug
23
Wed
2017
CFOS Executive Committee Meeting @ Walden Savings Bank Corporate HQ - 2nd Floor Board Room
Aug 23 @ 8:00 am – 9:00 am

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

Sep
4
Mon
2017
Labor Day – Office Closed
Sep 4 all-day
Sep
28
Thu
2017
CFOS Full Board Meeting @ Orange County Chamber of Commerce Business Center- Larkin Conference Room
Sep 28 @ 4:00 pm – 5:00 pm

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

cflogo-final-small

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

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

Amazon Smile

Please follow & like us!