Establish an Endowed Fund
An endowed fund creates a permanent fund from which only a portion of the earnings from its investment is spent
- An endowment can be established with as little as $10,000
- Foundation investments are professionally managed and supervised by a group of community leaders to ensure safe, yet productive earnings. The current spending policy allows for 5% of the principal’s value over the previous 12 quarters to be used annually for the purpose of the fund. The principal is never used.
- Donors may name the fund and establish the criteria for how the fund will be used. The Foundation will prepare a legal document to ensure that the fund is only used as intended by the donor.
- Call the Foundation office at 405.682.7591 to visit with an experienced gift officer to discuss your interests