Strength Through Connection
Designated Agency Endowment funds offer nonprofits a predictable, stable source of income for their mission. They also offer donors a permanent alternative to annual giving. Nonprofits can request their grants periodically or as needed while the rest of the fund grows in perpetuity.
Due to IRS accounting regulations, donor contributions to Designated Agency Endowment Funds are not readily available to the intended agency. Contributions to these types of funds are held in perpetuity for the long-term financial goals of the organization.