Building Your Nonprofit Endowment
Rochester Area Foundation encourages and facilitates long-term, sustainable philanthropy by offering a variety of endowment building strategies to area nonprofits.
Building an endowment fund is critically important to the current and future stability of your nonprofit’s work. Creating a fund can be the first step in achieving your goal.
Key Benefits of a Nonprofit Endowment Fund
- Broaden a nonprofit’s financial base and attract donors who wish to support its work long-term.
- Provide a forever stream of income to support general operations or a specific program of the organization.
- Nonprofit agencies can start a fund with a minimum balance of $25,000, or build a fund over 5 years.
- Anyone can donate to the nonprofit endowment fund.
- RAF manages endowments benefiting more than 50 nonprofit organizations.
- Individual donors can start a donor designated fund to support their favorite nonprofit.
- Low administrative fees that support the community and not a national corporation.
- RAF staff are here to help you form a strategy for growing your endowment.
- A new fund can be created in a matter of minutes.
An endowment fund signifies planning for the future of Boys & Girls Club. We have grown significantly in the past few years and it is time to plan for the next generation of Club members. We owe it to our members and Rochester to be a sustainable organization for many years to come. An endowment will allow us to support new programs and initiatives while sustaining existing ones. The staff at RAF make it incredibly easy to start an endowment. We trust the staff and board will do their best to ensure Boys & Girls Club’s funds will be well invested.