Endowment
“A large sum of money placed into investments which generates annual funds each year.” Most charitable trusts and foundations are set up this way. It’s typical for interest earned from investments each year to be distributed in the form of grants. Sometimes some or all of the capital will be added to the original investment,…
“A large sum of money placed into investments which generates annual funds each year.”
Most charitable trusts and foundations are set up this way. It’s typical for interest earned from investments each year to be distributed in the form of grants.
Sometimes some or all of the capital will be added to the original investment, enabling the endowment to grow so that higher amounts of interest can be accrued in future years.
Interested in organising your charity more efficiently for the long term?
Tony can help you to set up a budget, manage your cashflow and design an income generation strategy which serves those who rely on you.
