Starting financially: Endowing the future
Has your nonprofit/charitable institution been thinking about an endowment to provide financial support for your ministry?
An endowment is an invested amount of money that generates returns, with the earnings used to supplement other income and gifts your organization receives.
Here are some of the benefits of an endowment:
• Income/cash flow can be stabilized.
• Your balance sheet can be improved.
• You can stay focused on your mission, even if annual fundraising efforts fall short.
Everence® Asset Management can help your organization plan, operate and grow an endowment.
Creating and managing an endowment is not a simple process. Many decisions have to be made, including investing and spending strategies and balancing current and potential future needs.
EAM has led organizations’ endowment management for most of our history, which dates back to 1945.
We have investment options and guidance especially suited to endowments – incorporating your values.
With our fundraising expertise, Everence® also can help you plan and execute a fundraising plan.
A well-managed endowment that reflects the coordination of management, trustees and investment managers can help charitable institutions smooth out the variability in other revenue sources.
