The PGT Resource Library

Endowments

And How to Grow Them

Endowment funds are to an organization what retirement funds are to an individual. They represent set-aside resources for the future. Nonprofit organizations will always have a need for current gifts to provide for ongoing programs and special needs. However, endowment dollars make it possible to underwrite programs, positions and even facilities that might be impossible to maintain otherwise. A strong endowment program provides financial depth and permits confident planning.

Endowments and How to Grow Them by Joseph Bull will help board members, professional advisors and major donors to understand and appreciate the place of endowment-building within an organization. It will also assist development officers in managing an effective endowment program.