• Handling complex gifts
• Protecting your assets
• Providing sound financial management
• Pooling your resources for maximum return and maintaining a high profile program with financial professionals.
• Marketing—your agency’s endowment fund will be listed in Legacy Foundation’s Annual Report and other publications, providing additional publicity to potential donors for your fund.
  

In addition, by working with Legacy Foundation, your nonprofit organization:

• Has access to a well-monitored, community-wide investment portfolio
• Can expand its planned giving opportunities to donors
• Can relieve your agency of the complex and time-consuming fiduciary management and administration
• Receives optimum investment returns because your funds are invested in a large pool of assets that can lead to greater growth and income and lower investment fees
• Established a stable income stream
• Creates a program with maximum flexibility—you can choose to reinvest all or part of your income in years when it may not be needed.

How to establish an agency endowment fund with Legacy Foundation:

1. Secure approval of your organization’s board.
2. Contact us and we’ll assist in executing the necessary documents.
3. Discuss FASB 136 with your accountant and/or auditor.