How can we implement an Endowment Model for our charitable trust?

Implementing an Endowment Model for a charitable trust involves creating a sustainable source of funding that ensures long-term financial stability and support for the organization's charitable mission. This can be achieved by establishing a dedicated endowment fund, which is invested in a diversified portfolio to generate ongoing returns. Donors can contribute to the endowment fund through various means, such as cash donations, bequests, or property gifts. It is essential to develop a clear investment policy, stewardship strategies, and communication plans to engage donors and ensure the fund's growth over time. By effectively implementing an Endowment Model, a charitable trust can secure its future impact and legacy for generations to come.

This mind map was published on 1 April 2024 and has been viewed 77 times.