Endowed Funds

A PERMANENT LEGACY

As we enter our second century of service to Forsyth County, we renew our commitment to increasing permanent charitable assets that will benefit this community. Forsyth County is certain to change in the future, and an endowed fund is a permanent resource that can adapt to Winston-Salem’s changing circumstances. That’s the unique power of endowments over other charitable options—they can benefit our community forever!

What do you want your giving to accomplish? Whether you’d like to support specific organizations or the broader community, we’ll work with you to establish an endowment fund that meets your needs.

The Power of Endowment

The power of an endowment is in its continuity. When you create an endowed fund, you ensure lasting community impact through a permanent charitable fund.

Endowed Fund Types

Unrestricted Funds
Address your changing community

Supports strategic Community Grants that respond to Forsyth County’s ever-shifting challenges and opportunities as they unfold in the future. Unrestricted funds enable the Foundation to support long-term solutions and respond quickly to changing social, cultural, educational, and environmental needs.

Minimum initial gift: $10,000
Administrative Fee: 1.5% annually, based on quarterly market values

Field of Interest Funds
Impact an area of interest

Support the Foundation’s Community Grantmaking in a broad area of interest, including arts and culture, community and economic development, education, environment, health, or human services. Your gift stays flexible enough to meet community needs in your interest area—even as organizations and issues change over time.

Minimum initial gift: $25,000
Administrative Fee: 1.5% annually, based on quarterly market values

Scholarship Funds
Help students achieve their dreams.

Scholarship funds are a great way for you to help local students pursue their dreams of higher education. Scholarships can have standard guidelines that support students based on merit or need, or they can have more customized guidelines.

Minimum initial gift:
$30,000 for funds with standard guidelines
$50,000 for funds with customized guidelines

Administrative Fee for all scholarship funds: 2.0% annually, based on quarterly market values

Designated Funds
Provide for your favorite organizations

These funds can provide ongoing support to your favorite nonprofit organizations, both during your lifetime and beyond. Many donors choose to support an organization for which they volunteer, one that has benefited their family, or a school or religious institution they have attended.

Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values

Organizational Endowment Funds
Create sustainable resources

Nonprofit and religious organizations establish these funds to enhance their own work in the community and to support their long-term sustainability. It is ideal for organizations that have a broad base of support, a healthy operating budget with resources in reserve, and donors who want to support the organization’s long-term vision.

Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values

Endowed Donor-Advised Funds
Organize your personal giving

You can support charitable organizations that are addressing issues of importance to you, both locally and beyond—on your own schedule. Offers easy set-up and administration and can involve a second generation of advisors before being converted to another fund type. Learn more

Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values

stories of impact: Donors

A Legacy of Service

During family dinners with his grandparents, Ann and Clay Ring, Hayes Wauford learned lessons that not only would impact his life, but also would enable him to impact the lives of others.

Read story
For more information
Annette Lynch
Vice President, Advancement
alynch@wsfoundation.org
(336) 714-3455
Susan Elster
Philanthropic Advisor
selster@wsfoundation.org
(336) 714-3451