Thread: Endowment Funds
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Unread 28-01-2007, 19:19
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Erro Erro is offline
Chairman's Team Student Leader
AKA: Will H.
FRC #0365 (Miracle of Engineering)
Team Role: Alumni
 
Join Date: May 2006
Rookie Year: 2004
Location: Delaware
Posts: 23
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Endowment Funds

This year MOE 365 took a new step in fund raising for the team- we started an endowment fund at the Delaware Community Foundation. The endowment fund lets us put money in that is preserved in perpetuity, while generating income each year. Admittedly, the starting sum is quite large, but it also gives us greater visibility in the philanthropic arena so that we can attract donors to FIRST. If anyone has questions on how this works or how to start one, let us know!
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Enthusiastic (and often exasperated ) former captain of MOE 365 Chairman's Award Presentation Team...

Willy the Wandering Turtle (don't ask me where I picked that one up- it's a long story)...

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