May 22, 2013

10 REASONS FOR HAVING AN ENDOWED FUND WITH SCF

 

  1. Endowments are forever.  Your charitable wishes will always be honored and the causes you care most about will be supported in perpetuity. You will establish a permanent grant-making presence in Solano County, creating a named legacy for yourself, a loved one, your business, or in honor of a special occasion.
  2. The principal of your endowed fund will never be used, and thus will continue to grow over time.
  3. Funds placed in SCF’s endowed pool earn higher rates of return because they are invested for the long-term. The result is more money available for grant-making from your endowed fund.
  4. An endowed fund cements a lasting relationship between you and Solano Community Foundation. An agency endowment will benefit the nonprofit organization with permanence, visibility, and goodwill in the community
  5. Grants made from your fund continue to affect a positive impact on evolving community needs; ensuring your charitable wishes are preserved in perpetuity.
  6. You can have as much of an active role as you desire in the allocation of grant funds.  SCF’s professional staff is eager to make your decisions easy and effective.
  7. Your endowed fund can be a family affair. Different generations can work together to suggest ongoing uses for your fund, including older and younger generations in local philanthropy. Inter-generational giving is a powerful force in our community and sets an important example of caring and support.
  8. A large endowed fund established by a reputable organization or individual increases the Foundation’s credibility in the eyes of new donors, potential Board members, and new community partners. Everyone wins when the Foundation flourishes.
  9. Endowed funds under management provide SCF with predictable fee revenue. This is critical for budgeting, general operations and grants management.
  10. In large part from the generous support and partnership of our endowed donors, Solano Community Foundation is growing and developing in strength and depth. SCF is a good investment and a positive force in our community as a resource and role-model for nonprofits.

 

 

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