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Advantages for Organizational Donors |
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Nonprofit organizations may receive tremendous benefits from setting up an Organization Endowment Fund at the Southeastern Illinois Community Foundation. Here are just a few of the advantages for a charity that chooses to establish a fund with the community foundation: - Unburdens nonprofits of administrative responsibilities, freeing up the charity to pursue its core mission.
- Offers professional management of large gifts—it's our business.
- Staff can help explain the benefits of endowment to the charities' potential donors and board members.
- The pooled income from a variety of funds maximizes returns.
- Endowments can create a new income stream by offering regular interest payments.
- A permanent operating endowment can bring credibility to an organization.
- Inclusion in the Community Foundation's printed materials distributed to attorneys and advisors can create new awareness among potential donors to the specific organization.
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