The Endowment Fund

Unlike the annual campaign where money is distributed to qualifying member agencies for their use during the coming year, the Endowment Fund is a permanent trust where principal remains intact, and interest is reinvested each year, unless a portion of it is needed for some immediate purpose. The goal is to insure that finances have been secured and available to help local non-profits in time of emergancy.

Individuals and business can contribute to the Endowment Fund at any time, and like donations to the annual campaign, this gift is tax deductible. Gifts may be given in memory or honor of a loved one as well.

History of the Endowment Fund
Stateline United Way began working on creation of its Endowment Fund in 2002 and printed its first brochure. In 2006 a committee was formed to look into making the Endowment Fund official, and by August the board had approved procedures and policies regarding operation of the Endowment Fund. By the beginning of 2007, an Endowment Fund brochure was printed. These are available at the Stateline United Way office.

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