An organizational endowment fund holds assets for a charitable organization and generally distributes investment income to the organization on a quarterly basis. Any organization may hold more than one endowment fund.

With increasing need for the services of nonprofit organizations and fewer sources of support, endowment building becomes critically important for future stability and growth of all 501(c)(3) organizations.

A better return with lower costs is realized when an organization's endowment fund is pooled with all ACCF funds.

Why Establish an Endowment Fund?

• Protect the organization's endowed monies to meet future needs of the organization.
• Provide a relatively constant source of annual income.
• Fulfill the organization's mission in perpetuity.
• Demonstrate the organization's security, stability, and long-range financial planning.
• Enable an organization to obtain funds for current operations more easily.
• Increase investment yield since the endowment is pooled with other funds at the Foundation to receive maximum return and lower fees due to the size of the funds.

Agency Endowment Funds

• American Red Cross-Ashland Chapter
• Appleseed Community Mental Health Center
• Ashland County Cancer Association
• Ashland County Council on Aging
• Ashland Family YMCA

• Partner With Youth-YMCA
• Ashland Symphonic Youth Chorus
• Ashland Symphony Orchestra
• Brethren Care Village
• First Presbyterian Church
• Hospice of North Central Ohio
• Living Legacy Foundation of the Loudonville Public Library
• Loudonville Youth, Inc.
• Peace Evangelical Lutheran Church
• Rape Crisis Domestic Violence Safe Haven
      (Appleseed Community Mental Health Center)
• Samaritan Regional Health System
• St. Edward School
• United Way of Ashland County

More Information

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