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Endowment Toolkit

THE FOUNDATION FOR NORTHWEST ILLINOIS

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WHAT IS AN ENDOWMENT FUND?

An endowment fund is a pool of money that is invested to produce a stream of income each year to support a charitable cause. Your organization has partnered with The Foundation for Northwest Illinois to establish a fund. Each year, we receive a percentage of the fund’s balance which provides another source of funding for your charitable work. You may sometimes choose to forgo the distribution in any year to allow for more endowment growth.