Organizational Structure


Note: Articles published before January 1, 2017 may be out of date. We are in the process of updating this content.

An endowment refers to a fund or funds that are generally kept permanently. Their interest income provides for the overall operations of the organization.

An endowment resolution should address the following issues;

  • purpose of the endowment and how it will advance the mission of the organization
  • management of the endowment
  • investment strategy of the various funds
  • disbursement policy