Endowment Partners
Endowment building has been identified as a major priority by nonprofit organizations throughout the Ozarks region. The Community Foundation of the Ozarks’ board of directors has addressed this need by establishing a program that supports endowment building and assists organizations in capacity building. The Community Foundation of the Ozarks works with more than 240 organizations through the endowment partners program.
The Endowment Partners Program Includes:
- Investment management and technical support
- Endowment building training opportunities
- Endowment building mini-grant program for program partners
- Increased visibility
- Technology linkages
Participating agencies also have the satisfaction of knowing that they are important partners in a regional effort to improve and enrich the lives of people throughout the Ozarks.
For more information on this program please contact Julie Leeth, 417-864-6199.
Capacity Building Funds and Endowment Partners
Endowment Partners are in the unique position of partnering with Community Foundation of the Ozarks by establishing a Capacity Building Fund. These organizational funds are not permanent funds, but rather allow the agency flexibility in distributions. There are three primary reasons to consider such a fund:
- Capital campaigns—As your organization raises assets for the purpose of the campaign, the money can be invested in a money market account or in the commingled fund and can be withdrawn either incrementally or in total, when the project or purpose of the campaign has been completed.
- Reserve—Some groups currently may have reserve funds that they do not need to access in the foreseeable future. Letting these funds grow in a capacity building fund while having total access to all or part of the money at any time, is a plus.
- Accessibility–The final reason for considering a capacity building fund is simply the desire of the organization to keep assets fluid rather than tying them up in an endowed fund which has a spending policy.
We stand ready to visit with your agency should you have an interest in learning more about how a capacity building fund might benefit your organization.
Related Links:
- Nonprofit Prophet
- Missouri Foundation for Health
- Endowment Partners Survey Results
Results of a survey conducted this fall by the Center for Research and Service at MSU. - Nonprofit Needs Assessment Report
Results of a nonprofit assessment conducted by the Center of Research and Service at MSU.
Monthly Endowment Partner Updates