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Agency Endowment Fund
WHAT ARE THEY?

They are a type of fund that enables nonprofit organizations to establish endowments to support their work in perpetuity. An agency endowment fund differs from a designated fund because it is not established by a single donor.

HIGHLIGHTS:

An agency endowment fund is ideal for organizations who:

  • Are interested in creating permanent support for their organization.
  • Have a healthy operating budget with resources in reserve.
  • Have a broad base of support.
  • Are stable and have a plan for long-term sustainability.
  • Have donors who share in the vision of creating an agency endowment fund and want to support the organization in perpetuity.
HOW TO GET STARTED:
  • Discuss an agency endowment fund with your financial advisor or the Foundation's Philanthropic Services staff.
  • The Winston-Salem Foundation will customize a fund agreement for you.
  • Make an initial contribution.

For more information on establishing a fund at The Winston-Salem Foundation, contact a member of the Philanthropic Services staff at (336)725-2382.