Endowment Building
Endowments can have a significant impact on your organization’s sustainability, because they provide a steady stream of revenue. Endowment income helps you fill operating fund gaps, and can also provide income to cover unplanned expenses.
Twenty-five years ago, endowment was considered to be the hardest part of fundraising. That changed when the “greatest generation” started transferring their wealth in 1998. This transfer is expected to last until 2052. These donors care about preserving institutions and creating a legacy. Thus endowment building is a strategically significant part of today’s fundraising landscape.
There are many ways to build your endowment fund, including campaigns, planned giving, and directed annual fund gifts.
Twenty-five years ago, endowment was considered to be the hardest part of fundraising. That changed when the “greatest generation” started transferring their wealth in 1998. This transfer is expected to last until 2052. These donors care about preserving institutions and creating a legacy. Thus endowment building is a strategically significant part of today’s fundraising landscape.
There are many ways to build your endowment fund, including campaigns, planned giving, and directed annual fund gifts.
We partner with you to:
- Identify an appropriate amount of endowment for your organization
- Explore the options for financial stewardship of those funds (such as an investment committee, outside investment advisor, or community foundation)
- Evaluate community support for an endowment campaign (see Campaign Services for more details)
- Promote a planned giving program that allows donors to leave legacy gifts to your endowment fund
Learn more about our Endowment Building services
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An endowment fund can put your organization on a more secure footing for the future, and help smooth out revenue fluctuations. Find out what endowment building has done for some of our clients.
“Kennari Consulting assisted the Grand Rapids Symphony with reaching ambitious and aggressive donated revenue goals. Kennari’s formula of versatile services, targeted solutions, and local relationships helped increase our annual operating revenue, endowed funds and build a planned giving program.”
Diane F. Lobbestael
Special Advisor to the President for Foundation Philanthropy
Grand Rapids Symphony