Transcription of Endowment Development Resource - Donor By Design Group
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Endowment Development Resource - Donor By Design Group
2009 YMCA of the USA 800-872-9622 Endowment Development Resource How to Establish and Sustain an Endowment Program at Your YMCA Project leader: Carol Schmidt Managing editor: Donna Donato Copyeditor: Laurel Haines Proofreader: Sharon Honaker Copyright 2009 YMCA of the USA. This publication is available at or by calling 800-872-9622. ii Contents Introduction .. 1!Message to board members, CEOs, and executive directors .. 1!The time is now .. 2!About This Guide .. 3!The role of experts .. 3!Overview of an Endowment Development Program .. 4!Definitions you should know .. 4!Types of gifts .. 5!Types of funds .. 6!Financial reporting .. 6!Benefits of an Endowment Development program .. 6!Tax considerations .. 8!Need motivation to get started? Just imagine.. 9!Organizing an Endowment Development Program.
YMCA of the USA Endowment Development Resource 2 Long-term financial planning is a stewardship obligation of the leadership that was hired or elected to
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