A permanent fund whose principal is invested and preserved, with investment income used to support the mission.
An endowment is a fund in which the original principal is invested and kept intact over the long term, while a portion of the investment returns is spent to support the organization's mission. The goal is to provide a perpetual, relatively stable source of income.
Endowment principal is usually treated as permanently restricted, meaning the organization may spend earnings according to a spending policy but not the underlying gift. Building an endowment is often a goal of a capital campaign or a focus of planned giving.
Endowment management involves investment policy, spending rates, and sometimes legal constraints that vary by jurisdiction, so boards typically work with financial and legal advisors to govern them responsibly.
See it in Kindly
Donations that a donor has designated for a specific purpose or program rather than general use.
A focused, time-limited fundraising effort to raise a large sum for a specific major goal such as a building or endowment.
Charitable gifts arranged during a donor's lifetime but typically fulfilled later, often through an estate or will.
Donations a nonprofit can use for any legitimate purpose, with no donor-imposed limits.
Manage donors, volunteers, members, and events together in one nonprofit platform, for one predictable subscription with no cut taken from donations.
