ecf-30-button-150x150.jpgLOOKING FORWARD — ECF's 2017 Strategic Plan

the power of endowment

Endowments are permanent funds designed to grow over time through contributions and market returns, and all the while they generate spending for grants and programs.

Whether a fund's spending is directed by our board, under the advisement of a donor, or designated for a specific organization, all endowed funds are a resource for Evanston's present and future. 

endowments grow while they give backgive_grow_caption.jpgecf_gives_grows_3.20.15.jpg

Because the annual spending — historically 5% of a fund's average value over three years — is less than long-term investment results, endowments grow while they give back. The numbers tell the story: based on actual results, a gift of $100,000 in 1988 would have funded grants of $269,984 by the end of 2014. AND, it would have left in place $286,162 as a reservoir for Evanston’s future.

 

a gift to endowment is here for good

Whether $100 or $1,000,000, a gift to endowment is here for good, part of the ongoing life of ECF as a force for positive change.