Establishing an endowment supports the Colorado Community College System in perpetuity and is a wonderful way to leave a legacy.
An endowment fund is a permanent, self-sustaining source of funding. Endowments are funded by gifts that are permanently invested by the Foundation for Colorado Community Colleges. A portion of the fund is distributed each year to support the fund’s purpose. An endowment’s principle remains intact, with interest, dividends, and gains making up the spendable portion of the fund. The annual distribution amount is governed by the Foundation’s Endowment Spending Policy. Additional earnings are reinvested to provide for growth of the fund over time, as well as to preserve the purchasing power of the original gift. The Foundation provides endowment donors with an Endowment Report annually.
Contact the Foundation to discuss establishing an endowmentCall Now: 720-858-2802
What is an endowment?
How does the value of my gift grow?
|Years Invested||Value of Fund||Annual Distribution||Ending Value|
Please note, the above is simply an illustration and earnings will vary annually. The Foundation has policies in place to address endowments that are underwater (meaning the market value of the endowment is less than the historic value). The Foundation currently utilizes a 12 trailing quarter market value average with a 5% annual distribution rate with 4% utilized for the purpose of the endowment and 1% retained by the Foundation for operational expenses.