Agency Funds

Also called Organizational Endowment Funds, Agency Funds are created by nonprofit and public organizations to provide permanent income to support their work. The Foundation handles all administrative and investment responsibilities, freeing the organization to pursue its mission. Below are several benefits of creating an Agency Fund.

The endowment provides a permanent source of revenue – money you don’t have to fundraise every year to receive – to help your organization respond to critical needs as well as plan for the future and sustain the good work you do in the community.
You take advantage of our investment expertise – professional management of funds and disciplined adherence to our investment policy, including asset allocation and regular rebalancing – and you can participate in a larger investment pool.
It is operationally efficient for you since we relieve you of accounting and hands-on monitoring for your endowment; you receive reports of performance and are freed to focus on donors and programs.
You maintain flexibility in how you use grants from the endowment, which is an unrestricted source of support for your mission (unless you or your donors designate a purpose or otherwise place restrictions on gifts).
Donor confidence is enhanced; donors trust the Community Foundation as a steward, knowing that fund principal cannot be invaded and the endowment will be managed for the greatest long-term benefit to your mission.
You get increased exposure to the Community Foundation’s growing donor base and opportunities for collaborative public relations and marketing in our community.
You have the Community Foundation as a partner in philanthropy for educating professional advisors about your endowment, meeting with top prospects and assisting them with gift planning, accepting a wide range of gift types, and stewarding your endowment donors – as a result, donors are likely to make major gifts in support of your organization that they would not otherwise make.

AGENCY FUNDS

The endowment provides a permanent source of revenue – money you don’t have to fundraise every year to receive – to help your organization respond to critical needs as well as plan for the future and sustain the good work you do in the community.

You take advantage of our investment expertise – professional management of funds and disciplined adherence to our investment policy, including asset allocation and regular rebalancing – and you can participate in a larger investment pool.

It is operationally efficient for you since we relieve you of accounting and hands-on monitoring for your endowment; you receive reports of performance and are freed to focus on donors and programs.

You maintain flexibility in how you use grants from the endowment, which is an unrestricted source of support for your mission (unless you or your donors designate a purpose or otherwise place restrictions on gifts).

Donor confidence is enhanced; donors trust the Community Foundation as a steward, knowing that fund principal cannot be invaded and the endowment will be managed for the greatest long-term benefit to your mission.

You get increased exposure to the Community Foundation’s growing donor base and opportunities for collaborative public relations and marketing in our community.