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

Sep
22
Sat
2018
Friends of the Orange County Youth Bureau – Trip to NY Botanical Gardens & the Bronx Zoo
Sep 22 all-day

Packages Start at $90.00. 

Proceeds benefit the Child Care Council of Orange County and Friends of the Orange County Youth Bureau.

Visit event website for full details.

Sep
24
Mon
2018
We Have Your 6 – Golf Fundraiser to Help Veterans with PTSD @ Wiltwyck Country Club
Sep 24 @ 8:30 am


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Oct
25
Thu
2018
Professional Advisors Seminar: What Every Advisor MUST Know: How to Help Your Clients Protect Their Assets @ William J. Larkin Conference Room
Oct 25 @ 4:30 pm – 7:30 pm

Speakers: Marc Selden, J.D., LL.M., national recognized lecturer, Member: Cozen O’Connor, New York City, and Richard J. Shapiro, J.D., CELA.

This 2-credit charitable giving seminar, presented by the Community Foundation’s Professional Advisors Council, will teach  you everything you need to know about asset protection planning and how you can help your clients preserve and protect their assets.

Registration & Networking: 4:30 – 5:30 PM
Buffet Dinner & Seminar: 5:30 – 7:30 PM

Credits: Attorneys – 2 CLE credits*; CPAs – 2 CPE credits*

RSVP by October 19


Member or Non-member
Credits being applied for:



Limited seating. Reserve now.

*Credits are pending. This program is transitional and appropriate for experienced and newly admitted attorneys. The Women’s Bar Association of the State of New York has been certified by the New York State Continuing Education Board as an accredited provider of continuing legal education in the State of New York. Full and partial scholarships based on need are available. All requests are confidential.  

Nov
14
Wed
2018
Annual Reception @ Anthony's Pier 9
Nov 14 @ 5:30 pm – 8:30 pm

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