How to set up a nonprofit endowment program?

A nonprofit endowment is a common financial resource for charitable organizations. If your organization is relatively new, you might not yet have explored this option or fully understand what it is and how it works.

An endowment is a donation of money or property to a nonprofit organization that creates investment income. For example, an endowment could be financial assets such as bonds or equities that earn interest or dividends. It could also be a property that generates rent.

The principal balance of the endowment is usually kept intact, and the investment income it creates is used as working funds. A nonprofit can't tap into the principal of an endowment unless the donor or court allows it.

Setting up an endowment for a nonprofit can be a good strategy for building funds for the future. However, it may not be the best choice for every nonprofit. It's important to understand the pros and cons so you can make the right decision about creating one.

How to hire the perfect grant writer for your nonprofit organization?

To avoid the excruciating stress of hiring Grant Writers for your nonprofit organization, I invite you to use the proven steps to success defined in the

The time has come to turn over the grant writing process to a proven professional with the skills and determination to acquire the grant money your nonprofit needs.

Techsoup.org is an excellent resource for nonprofit leaders because it provides discounts on Dell, Microsoft, Adobe, and other products.

Techsoup.org is an excellent resource for nonprofit professionals. You can purchase popular hardware and software for your nonprofit organization for up to 90% OFF the retail price.

You can also enroll in the on-demand courses in the Techsoup.org library at discounted prices. For example, you can enroll in an Excel 101 course for only $4 (four dollars)!

Thanks for reading! My goal is to provide nonprofit information each week that help you reach your goals. Until next Monday, ​Susan Woods, MBA

​