If you’re a nonprofit, you need money. That’s as true as the sun rising in the east. But what you really need is a sustainable source of money. Far from being a luxury or pipe dream, endowments to support nonprofits have become an economic necessity. The Community Foundation believes nonprofits should operate well, and having a steward for endowment and reserve dollars is one of the best ways to plan for and protect your organization’s future.
Whether they’re started with a windfall gift or grown over time with a strong planned giving effort, nonprofit endowment funds should be managed with an eye toward sustainable growth, controlled risk and thoughtful, professional oversight.
We’re those people–eager about returns, watchful about risk, eagle-eyed about management and very budget conscious (maybe even cheap, let’s be honest). If you dream of having investment management experts across several specialties, a crackerjack team of accountants and a safeguard between you (or your Board) and your “forever” money, we can help.
When you give to an endowment, you help ensure nonprofits and causes can operate now and in the future. We specialize in managing all of the financial and oversight aspects of endowments so nonprofits can focus on serving their communities, and donors can feel confident that their gift is making the most significant difference for the communities they care about most.
An endowment is a donation to a nonprofit organization or cause that is combined with the gifts of other donors and invested. The organizations receive money from those investments year after year. As the endowment grows, the nonprofit organization becomes better prepared to serve its community for many years to come.
You can support an endowment today by giving to one of the nonprofits participating in our Endowment Challenge, or by contacting our office to learn more.
Your gift to an endowment at the Community Foundation for Mississippi might qualify for the Endow Mississippi Tax Credit program that encourages charitable giving that prioritizes nonprofits endowments that are creating positive impacts for children, families, and communities across Mississippi. The program provides a 25% state tax credit to individuals, businesses, and organizations that give to permanent endowments at qualified Community Foundations. Learn more by visiting the Endow Mississippi website.