Endowed Funds
A PERMANENT LEGACY
As we enter our second century of service to Forsyth County, we renew our commitment to increasing permanent charitable assets that will benefit this community. Forsyth County is certain to change in the future, and an endowed fund is a permanent resource that can adapt to Winston-Salem’s changing circumstances. That’s the unique power of endowments over other charitable options—they can benefit our community forever!
What do you want your giving to accomplish? Whether you’d like to support specific organizations or the broader community, we’ll work with you to establish an endowment fund that meets your needs.
The Power of Endowment
The power of an endowment is in its continuity. When you create an endowed fund, you ensure lasting community impact through a permanent charitable fund.
Endowed Fund Types
Unrestricted Funds
Supports strategic Community Grants that respond to Forsyth County’s ever-shifting challenges and opportunities as they unfold in the future. Unrestricted funds enable the Foundation to support long-term solutions and respond quickly to changing social, cultural, educational, and environmental needs.
Minimum initial gift: $10,000
Administrative Fee: 1.5% annually, based on quarterly market values
Field of Interest Funds
Support the Foundation’s Community Grantmaking in a broad area of interest, including arts and culture, community and economic development, education, environment, health, or human services. Your gift stays flexible enough to meet community needs in your interest area—even as organizations and issues change over time.
Minimum initial gift: $25,000
Administrative Fee: 1.5% annually, based on quarterly market values
Scholarship Funds
Scholarship funds are a great way to help local students pursue their dreams of higher education. Scholarships can have standard guidelines that support students based on merit or need, or they can have more customized guidelines.
Minimum initial gift: $10,000 or $50,000 depending on your selected criteria
Administrative Fee: 1.5% annually, based on quarterly market values
Designated Funds
These funds can provide ongoing support to your favorite nonprofit organizations, both during your lifetime and beyond. Many donors choose to support an organization for which they volunteer, one that has benefited their family, or a school or religious institution they have attended.
Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values
Organizational Endowment Funds
Nonprofit and religious organizations establish these funds to enhance their own work in the community and to support their long-term sustainability. It is ideal for organizations that have a broad base of support, a healthy operating budget with resources in reserve, and donors who want to support the organization’s long-term vision.
Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values
Endowed Donor-Advised Funds
You can support charitable organizations that are addressing issues of importance to you, both locally and beyond—on your own schedule. Offers easy set-up and administration and can involve a second generation of advisors before being converted to another fund type. Learn more
Minimum initial gift: $25,000
Administrative Fee: 1.0% annually, based on quarterly market values
stories of impact
Turning a Lottery Win Into Lasting Community Change
Born and raised in Winston-Salem, Clark Chavous has always had a deep love for her hometown and its people.
