Agency Endowments
The Sacramento Region Community Foundation partners with nonprofits by offering them the opportunity to provide a lasting source of income for their agency. By establishing an Agency Endowment Fund, a nonprofit organization is free to focus on the pursuit of its charitable mission, while benefiting from the returns on their initial investment with the Foundation. More than 20 agency endowment funds are currently established at the Foundation. Read stories from some of our nonprofit agency partners. For more information, contact Shirlee Tully, Chief Marketing and Development Officer at 916-921-7723 or shirlee@sacregcf.org.
How it Works
Establish an Agency Endowment Fund with a gift to the Foundation. The fund is invested for long-term growth along with the Foundation’s other endowment funds according to our sound investment policy. The purpose of the fund is to support the agency’s operations each year and the Foundation will make an annual distribution of up to 5% of the fair market value of the fund.
Benefits
Working with the Foundation provides a nonprofit organization with investment oversight, administrative support, credibility and continuity. The Foundation works with a professional investment consultant whose performance is regularly evaluated by the Board of Directors, to ensure the best chance of a strong performance and return on investment. Foundation staff also handles all accounting, deposits, check writing and other administrative duties.
In addition, associating with the Foundation can provide credibility to the agency’s efforts to secure a long-term source of funding. Many times, additional donors are attracted to contributing to the agency’s endowment fund at the Foundation during their fundraising campaigns. An Agency Endowment fund can also provide peace of mind for the agency’s leadership. Regardless of changes in the agency’s staff and Board of Directors, the endowment’s purpose and healthy growth will not be affected.