Agency Endowments at our Community Foundation
Creating an agency endowment with us takes just two steps: Your board determines how much you would like to invest. Your organization works with our staff to set up a fund in the name of your agency. That's it.
Why create an agency endowment fund?
When a nonprofit organization establishes an endowment at our Community Foundation, the agency is taking a big step toward financial sustainability. Earnings and appreciation from the fund create a source of perpetual support the agency can count on, year after year.
We handle all the administrative details, including investment management and tax receipting. You'll receive regular status statements on the fund (and donors may add to your fund at any time). You're in good hands; we manage more than 80 agency endowments for local nonprofits.
Why donate to an agency endowment fund?
Donors can rest assured that their own cash gifts, bequests and other planned gifts to the agency's endowment are protected by the Foundation, helping to ensure the organization lasts for generations to come.
No gift transaction is too complex. We also offer charitable gift annuities that benefit your fund.
Todd Martin Development Fund: Leadership & life skills learned courtside
In 1993, East Lansing native and tennis pro Todd Martin returned home for a winter visit. He was just a couple of years into his professional tennis career — not yet at the No. 4 spot in the world singles rankings — but he was already thinking about how he could repay his community.
"He talked with his coach Rick Ferman and his dad, Dale, about what it meant to give back to a community that had given to him so richly. So they formed the Todd Martin Development Fund," said Nancy Danhof, executive director of the fund.
The agency's endowment fund is held by our Community Foundation.