We’re excited to announce that we have officially completed our goal of approving 15 nonprofit endowment funds through our $5k Match Initiative! Each organization will receive up to $5,000 in matching dollars as they build a permanent source of long-term support for their mission.
An endowment uses charitable gifts to build a permanent pool of funding resources intended to grow over time through investing. The earnings from this investment provide income for the nonprofit organization. Endowment funds are also called permanent funds because they are designed to grow and grant annual charitable dollars forever.
Congratulations to the following organizations!
*Note: Several of these nonprofits are actively raising their initial $5,000, and you can help them reach that goal. Visit our online portal to learn more about each organization and how your support can help launch their endowment.
Thanks to a successful year of fundraising and strong investment performance in 2024, The Community Foundation of Dunn County (CFDC) is proud to announce an exciting new initiative to further strengthen the long-term financial stability of local nonprofits.
Coinciding with its 30th Anniversary in 2025, the CFDC will provide a $5,000 matching grant to local nonprofit organizations that open an endowed fund. This means that eligible Dunn County nonprofits will only need to raise $5,000 to meet the $10,000 minimum required to establish an endowed fund with the Foundation.
With funding available for up to 15 new nonprofit endowments, this initiative represents a significant investment in the future of local organizations working to serve Dunn County residents.
Why Endowments Matter for Nonprofits
An endowment fund is a powerful financial tool that provides steady, reliable income to a nonprofit while continuing to grow over time. Endowments function like a permanent savings account, where the principal remains intact and invested, generating annual returns that support an organization’s mission year after year. This approach ensures that nonprofits have access to consistent funding while preserving and growing their financial base for future needs.
“Nonprofit organizations face ever-changing funding landscapes,” said Georgina Tegart, Executive Director of the Community Foundation of Dunn County. “An endowment fund offers financial stability by providing long-term support while ensuring that a nonprofit’s mission continues for generations to come. Through this matching initiative, we’re making it easier than ever for Dunn County nonprofits to take this critical step toward sustainability.”
Investing in a Sustainable Future
By partnering with CFDC to establish an endowed fund, local nonprofits will benefit from:
- Annual income distributions to support ongoing operations and programs
- Professional investment management to maximize long-term fund growth
- A permanent source of funding that strengthens financial security and sustainability
- A dedicated way for donors to contribute to their favorite causes in perpetuity
This one-time matching opportunity is designed to help organizations build lasting financial security and expand their impact within the community. The CFDC encourages nonprofits of all sizes to take advantage of this unique opportunity to secure their futures.
For questions, contact us at info@cfdunncounty.org or call 715-232-8019.