Secure your future

Establishing a nonprofit endowment fund with Galesburg Community Foundation is a simple and efficient way to create a source of permanent capital for your organization’s future. These funds offer a reliable, ongoing source of financial support.

Your organization receives the added benefit of our expertise in helping you develop a planned giving program and facilitate complex gifts from your donors. We handle the investment management of the fund and all administrative details, including gift processing, record keeping, tax reporting, and audits.

How it works

  • Your board determines how much to invest long term and works with our professional staff to complete a fund agreement.
  • We set up a fund in the name of your nonprofit organization. You can add to the fund at any time.
  • You can request annual distributions from the fund, or you can save up the available dollars for a large expense in the future. These distributions can be used for your organization’s operations, including administrative costs, salaries, capital projects, emergency needs such as funding shortfalls, and new opportunities.

Other advantages

A nonprofit endowment fund is a simple way for your nonprofit to plan for a stable and secure future. Your donors can be sure that the endowed fund’s principle will not be spent and can grow over time, providing a source of lasting support. Galesburg Community Foundation’s economies of scale provide your organization with the benefits of a diverse investment portfolio with low investment fees that typically come only with very large funds.

Your nonprofit’s regular donors can leave a bequest through the Community Foundation to benefit your organization forever and create a personal legacy. The Community Foundation can even facilitate the most complex planned gifts or gifts of appreciated stock or real estate. We handle investment management and administrative responsibilities related to endowment so that your organization’s staff and volunteer hours are concentrated on fulfilling your mission.

“We didn’t have the people with the expertise, the time, or the commitment to oversee the endowment. To have a professional team to safeguard funds as we do now, we can be comfortable knowing those funds are secure and will be intelligently invested.”

– Dr. Steve Buban, former United Way of Greater Warren County Board of Directors

Fund advisor portal

If your nonprofit has an endowed fund with Galesburg Community Foundation, you can access a fund advisor portal, which gives you access to information about your charitable fund 24 hours a day. Interact with your philanthropic funds via a secure, password-protected platform that’s mobile-friendly and easy to use. Find out how to access and navigate your fund.

Sarah Grant

Let's connect

To learn more about the benefits of a nonprofit endowment and how Galesburg Community Foundation can help you secure the future of your organization, call Sarah Grant, Director of Development, at 309.344.8898.

Subscribe Now

Haley Sloss

Charitable Giving Coordinator

Short Bio

Haley provides support to enhance the function and success of the Charitable Giving and Affiliate Teams. She ensures donors receive a personal approach to philanthropy through outstanding customer service by supporting charitable giving for donors and fund holders across the state.