Our regional Community Foundation manages dozens of permanent endowment funds to benefit specific nonprofit organizations. These endowments are either set up by a donor to support an organization he or she supported generously over the years (a “designated fund”), or as an endowment established by the nonprofit organization itself with surplus funds or a restricted gift (an “agency fund”).
WCCF currently manages 22 agency funds ranging in size from $5,000 to $300,000.
WCCF currently manages 40 designated funds ranging in size from $5,000 to $6 million.
These endowed funds yield annual earnings for the nonprofit and are attractive to donors who want their support to provide on-going, multi year funding for the organizations they care about.