Endowment Fund: a pool of assets established by a nonprofit.Donations can develop into long-term financial support for projects and activities.
Ideally, the fund's principal is preserved over time while only a small percentage of the endowment's assets support the nonprofit's operations, programs, scholarships, or other designated purposes.
When used correctly, it's a model for sustainable ongoing funding.
A gift to Endowment-SHARE allows our district to direct a portion of the spending, along with a portion going to the World Fund to enable both your global and district grant projects each year.
Through the Best of Friends Heritage Named Endowed fund, we can continue to honor our past and current leadership in how we serve others.
