Donations to Endowment Fund Sought
In the fall of 2016, Alexandria Township Historical Society established a dedicated endowment fund at Northern New York Community Foundation. Soon after NNYCF awarded ATHS a matching grant for $5,000 as an incentive for our supporters to build the fund. Thanks to forward thinking generous donors, by the end of 2017 the goal was met!
Thanks to the generosity of NNYCF a new matching grant was awarded for 2018. ATHS appeals to interested supporters to forward our mission and secure our future for generations to come by building the endowment fund. Your donation will be matched by NNYCF up to $5,000, making this an ideal time to give. Every dollar you donate will not only be matched, but also will grow to provide future income for this vibrant institution created with the caring efforts of dedicated community members.
How Can an Endowment Fund Help ATHS?
An endowment creates an ongoing source of income. Our NNYCF endowment fund consists of an invested pool of money that provides a reliable source of income from which ATHS can count on an increasingly greater annual distribution for its mission.
An endowment fund can grow and provide support for its designated purpose in perpetuity. By contributing to the endowment fund, you create a permanent legacy of support for Alexandria Township Historical Society and its mission of maintaining the Cornwall Brothers Store Museum, sharing and preserving local history.
An endowment fund is a dedicated, permanent, self-sustaining source of funding. Because endowment assets are invested and each year only a portion of the value of the fund is paid out to support the fund’s purpose, any earnings in excess of this distribution are used to build the fund’s value.
An endowment also grows over time with additional gifts from multiple donors. As part of a portfolio of funds managed by Northern New York Community Foundation, ATHS Endowment Fund is now in a position to receive gifts from NNYCF benefactors looking to invest in the community.
How Can an Endowment Fund Benefit the Donor?
An endowment gift is a permanent tribute to you, the donor, and grows the value of your gift for future generations. As you are making a significant investment in the future of ATHS and Cornwall Brothers Store Museum, you can receive great satisfaction from making a tax-deductible gift that keeps on giving. Even a small donation can make a big impact, especially during this campaign when donations are being matched.
Mail your donation to:
If you would like a donation form and envelop sent to you, please email your request to info@alexandriahistorical.com
