The traditional staple of community foundations, permanent endowments allow donors to create a permanently-named legacy or tribute.
A term endowment allows a fund’s capital to be fully disbursed after an agreed-upon time period. This vehicle may be used by donors who wish to evaluate the benefits of establishing an endowment fund.
With a spend-down fund, the capital is invested in our investment pool with the intention to grant out the capital in agreed-upon intervals until the fund is fully depleted. This type of vehicle may benefit donors who currently have significant but uncommitted assets and/or is mainly interested in disbursing during their lifetime.
A flow-through fund, while not invested in our investment pool for annual earnings, allows for immediate disbursements at a donor’s discretion.