OPEN AN ENDOWMENT FUND

East Tennessee is honored to manage over 110 organizational endowment funds, as of 03/29/2024

Organizational endowment funds allow nonprofit organizations to establish funding for their own benefit, supplying them with an ongoing source of support, security, and stability. The presence of an endowment is often considered to be a benchmark of a nonprofit’s financial sustainability, but is not always the right approach for every nonprofit. It’s important to work with a community partner that deeply understands the administrative and fiduciary requirements, advantages and disadvantages, and nuances required to properly maintain and grow an endowment over time.

We are here to help you and/or your organization think through this process, and make certain you understand the questions and issues to consider. If you’re interested in learning more about organizational endowments and how to create one for a nonprofit that you care about, please contact Ad*********@et*.org.