Join Ali & Kristi to learn how an endowment fund fits into the overall finances of a nonprofit organization, and pairs with a planned giving program to build long-term support for the organization’s mission.
Guest Cindy Aegerter from Thrivent Charitable explains that endowment funds are partnerships between supporters and the organization itself, based on the idea of mutual stewardship. By creating the endowment, the organization invites donors to create a planned gift, by showing how those assets will be stewarded for the long-term sustainability of the organization’s mission. And by supporting the endowment fund, donors act as stewards to and for the organization.
Here’s the link to the Organizational Endowment Guide Cindy referenced:
Organizational Endowment Guide_23831.pdf (thriventcharitable.com)
And Thrivent Charitable website: www.thriventcharitable.com