Increase Your Capacity through Endowment! Agency Fund Informational Session with TFEC
Date: Tue, June 7
Time: 9:00 am - 11:00 am
If your nonprofit has been considering starting an agency fund, now is the perfect time to start!
An Agency Fund is an endowment fund established by a nonprofit organization with the goal of creating a permanent source of funding for your organization and is the only fund a nonprofit may establish on its own. You can depend on this yearly income as either a new funding stream for your organization or a way to continue to grow your endowment by reinvesting it back into your agency fund.
The Foundation for Enhancing Communities (TFEC) will be hosting an informational session for nonprofits that are considering establishing an agency fund with TFEC or are interested in learning more about how this fund can help you achieve your long-term goals. Attendees will also receive a digital toolkit filled with resources. And as a bonus…
TFEC is giving away $5,000 to kickstart your endowment growth!
Any nonprofit organization that:
- attends one of the virtual info sessions (either May 5 OR June 7);
- establishes an Agency Fund with TFEC;
- and has a minimum $500 balance in their fund by October 1, 2022,
will be eligible to participate in a drawing to receive a $2,500 grant to their agency fund!
TFEC will be randomly drawing two winners to kickstart their agency endowment-building efforts. Register here!