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.

