The SYF Endowment Fund is a protected fund designed to provide an ongoing resource for programs and scholarships. SYF contributes a percentage of its donations annual to this fund and with your help it can continue to grow. Our goal by 2020 is to have a $1million endowment fund!
The SYF Endowment Fund creates an ongoing source of income. Because a permanent endowment is an invested pool of money that provides a reliable source of income in perpetuity, the organization can count on annual distributions for its charitable work. Funds may be designated for endowment by the donor or by the Board of Trustees. With appropriate investment and spending policies, the endowment’s purchasing power will be preserved. Thus, a fund that generates income to operate a reading recovery program for elementary students today can be designed to produce income to run the same program 20 years from now and beyond. The endowment also grows over time with additional gifts from multiple donors.
Help us provide a sustainable future for our foundation....donate today.