Endowment Fund
Leaving
a
permanent legacy
ensures
that the charitable causes you believe in and champion will continue
providing services. The board of directors and I decided it was time
for us to start an endowment fund because homelessness is not going to
go away.
This fund will continue to grow in strength over the
years with only the interest utilized by the shelter for operational
expenses. The endowment fund is perpetual—it never runs out. Our
endowment fund
will
consist of major contributions ($1,000 or more) specifically designated
by the donor for that purpose.
While
the
Safety Net Team
(contributors of $500 or more per year) and our regular shelter
supporters (cash and in-kind donors) keep the shelter functioning in the
present, a solid endowment fund will help us secure the future.
I encourage our supporters to consider the
many ways of contributing to the shelter. Like any good investment, the
return should be worth more than the price paid. Helping the homeless
is a solid investment in our community.
|