 Assure your nonprofit organization’s financial stability without the administrative and investment responsibilities that can slow you down and consume valuable resources. Triangle Community Foundation works to strengthen the nonprofit community by creating and managing nonprofit funds. We are committed to helping local nonprofits ensure long-term sustainability through a nonprofit endowment, or non-endowed fund. (Agency endowment funds require an initial, irrevocable gift of at least $10,000.) For a nonprofit looking to build upon its success, teaming up with the Foundation can bring a much-needed boost.
Nonprofits also benefit from lower investment and administrative costs resulting from our economies of scale. Our administrative fee for a nonprofit agency endowment fund is 0.5 percent per year -- which, when combined with our investment costs of approximately 0.5 percent, means that overall costs for administering a nonprofit fund are approximately 1 percent.
To speak to someone about how establishing a nonprofit fund would be beneficial for your organization, please contact Fred Stang, Director of Development or call him at 919-474-8370, ext.130. |
