Reason to Give #5: To Ensure the Viability of a Nonprofit, Even After Your Lifetime
Of course, our local nonprofits will always need volunteers, and they’ll always need money to help support them right now. All of that makes a difference in our community. It feels good to know your contribution can help right now, and that you can see your money at work. There’s satisfaction in seeing your money help the causes you care about. But what happens later?
There’s also great comfort in knowing that even when we’re gone, what we cared about so much during our lifetime will still be supported. That’s where the Community Foundation comes in. We’re here for the long haul. Faces at our office will change; faces on our Board will change; our location may even change. But CFNEM’s purpose will always remain the same: to make a difference in the community through the visions of our donors.
When a donor or a nonprofit itself establishes an Agency Endowment Fund, they are taking a step to ensure the future viability of that organization. Regardless of what the economy looks like or how many other funding sources are available, the organization will have money – every year – to help them operate and sustain the great work they do for our community.
Donors can choose to give to an existing fund already working to help the organization, or new funds may be established. What local nonprofit is close to your heart?