Agency Endowment Fund

Support Your Mission with Flexible Resources

As a nonprofit, your work is vital to the strength and well-being of our community. As an agency working in the community, you know that often the most desired and difficult-to-obtain resources are general operating dollars. Establishing an Agency Endowment Fund helps your organization create a permanent, income-generating asset that is a critical part of any nonprofit’s budget and supports your mission — now and forever.

Leadership

Be better prepared to meet evolving needs.

Vision

Demonstrate foresight to address future challenges.

Commitment

Reinforce your dedication to meeting your mission.

5 Reasons an Agency Endowment is a Smart Choice

By partnering with the Community Foundation of Greater Birmingham, your nonprofit board can trust that assets will be securely maintained and managed so they can focus on the organization’s mission.

Sustainable Revenue

An Agency Endowment Fund generates a permanent, predictable stream of income helping to inform better decision making, plan confidently, and weather economic ups and downs.

Greater Visibility

An Agency Endowment Fund with the Community Foundation elevates your organization through sustained commitment to your mission. It also raised your credibility among donors, increasing their confidence in supporting your work and creating greater awareness for your organization. Your agency can contribute at any time, and gifts are invested for long-term growth.

Flexibility

Times change and new situations arise. Our flexible Agency Endowment agreements offer the functionality of a permanent endowment while allowing your organization access to the corpus funding in the event revenue is needed to fund unexpected events or major projects.

Professional Investment Management

Your fund will have access to experience investment professionals and be pooled in a much larger diversified portfolio. This allows for the potential of greater returns than if it were invested on its own. Your fund will receive regular reporting, disciplined oversight, and adhere to best practices in fund management.

Ease

Once the Community Foundation receives a gift to your fund, we process it quickly and reconcile your fund on a regular basis. We handle all administrative, legal and reporting responsibilities – freeing your staff to focus on the work that matters most.

A Champion for Your Goals

An Agency Endowment Fund at the Community Foundation secures your organization’s long-term financial health, delivering steady income for operating expenses and flexible resources to meet your organization’s greatest and evolving needs.

A few of the many local organizations that leverage the philanthropic power of endowments include:

Railroad Park Foundation

Mitchell’s Place

Alabama Humanities Alliance

Freshwater Land Trust

Hand in Paw, Inc.

Junior League of Birmingham

 

Contact Philanthropic Services to learn more

“Establishing an Agency Endowment Fund with the Community Foundation made sense for us financially — the fees are a good deal for the services they provide and the minimum to start a fund was within our reach. Being part of the Community Foundation offers us more visibility to potential donors — we’ve raised money in a short period of time because people trust the Community Foundation.”

Camille Spratling, Executive Director
Railroad Park Foundation