Difference between revisions of "Endowment Funds"
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'''Endowment Funds''' are funds setup for a specific purpose from which disbursements are made entirely from the accrued interest. By only disbursing the interest, the fund's principal remains intact, effectively allowing the fund to exist in perpetuity once it is fully endowed. In some instances, minimal disbursements can be made from an endowment fund before it reaches its full endowment level. | '''Endowment Funds''' are funds setup for a specific purpose from which disbursements are made entirely from the accrued interest. By only disbursing the interest, the fund's principal remains intact, effectively allowing the fund to exist in perpetuity once it is fully endowed. In some instances, minimal disbursements can be made from an endowment fund before it reaches its full endowment level. | ||
| − | = National Level Endowment Funds = | + | == National Level Endowment Funds == |
| − | == Subrosa Fund == | + | === Subrosa Fund === |
| − | == Jeff and Kim Johnson Existence and Expansion Endowment Fund == | + | === Jeff and Kim Johnson Existence and Expansion Endowment Fund === |
| − | == Lamp of Knowledge Fund == | + | === Lamp of Knowledge Fund === |
| − | = Chapter Level Endowment Funds = | + | == Chapter Level Endowment Funds == |
The following are examples of Chapter Endowment Funds. | The following are examples of Chapter Endowment Funds. | ||
| − | ==Alpha Tau== | + | ===Alpha Tau=== |
The [[Alpha Tau Chapter]] Endowment Fund was created on August 8, 2007. The fund uses corporate sponsorship and fundraising to financially assist students within the community through scholarships. The Endowment Fund has a board of directors consisting of undergraduate and alumni brothers of Alpha Tau. | The [[Alpha Tau Chapter]] Endowment Fund was created on August 8, 2007. The fund uses corporate sponsorship and fundraising to financially assist students within the community through scholarships. The Endowment Fund has a board of directors consisting of undergraduate and alumni brothers of Alpha Tau. | ||
| − | ''For more information:'' [http://www.atendowment.com/ | + | ''For more information:'' [http://www.atendowment.com/ Alpha Tau Endowment Website] |
| − | ==Alpha Rho== | + | ===Alpha Rho=== |
''Main article: [[Alpha Rho Chapter Endowment Fund]]'' | ''Main article: [[Alpha Rho Chapter Endowment Fund]]'' | ||
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= How to Setup an Endowment Fund = | = How to Setup an Endowment Fund = | ||
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| − | + | [[Chapter Finance and Fundraising|Back to main Finance & Fundraising Guide page]] | [[Resource Guide|Back to main Resource Guide page]] | |
| − | + | [[Category:Resource Guides]] | |
| + | [[Category:Fundraising Resource Guide]] | ||
Revision as of 16:50, 14 June 2008
Endowment Funds are funds setup for a specific purpose from which disbursements are made entirely from the accrued interest. By only disbursing the interest, the fund's principal remains intact, effectively allowing the fund to exist in perpetuity once it is fully endowed. In some instances, minimal disbursements can be made from an endowment fund before it reaches its full endowment level.
Contents
National Level Endowment Funds
Subrosa Fund
Jeff and Kim Johnson Existence and Expansion Endowment Fund
Lamp of Knowledge Fund
Chapter Level Endowment Funds
The following are examples of Chapter Endowment Funds.
Alpha Tau
The Alpha Tau Chapter Endowment Fund was created on August 8, 2007. The fund uses corporate sponsorship and fundraising to financially assist students within the community through scholarships. The Endowment Fund has a board of directors consisting of undergraduate and alumni brothers of Alpha Tau.
For more information: Alpha Tau Endowment Website
Alpha Rho
Main article: Alpha Rho Chapter Endowment Fund
The Alpha Rho Chapter Endowment Fund was chartered on October 27, 2007. The intent of endowment is to fund scholarships and eventually other programming for Alpha Rho Chapter. The initial usage of the funds is as follows:
- 4/16/07 Memorial Scholarship
- Erin N. Peterson New Brother Grant
For more information: Alpha Rho Endowment Website
How to Setup an Endowment Fund
Back to main Finance & Fundraising Guide page | Back to main Resource Guide page
