Agency endowment funds created under the umbrella of The Community Foundation Martin – St. Lucie (TCFMSL) allow an organization to reap the benefits of an endowment fund without the associated administrative burdens and costs. Through this type of fund, nonprofits build an endowment that is guaranteed to receive prudent stewardship and provide a lasting source of income. The nonprofit organization receives annual distributions from this type of fund for unrestricted use. The fund is technically owned by The Community Foundation on behalf of your agency. TCFMSL is ready and equipped to assist as you consider taking this important and visionary step to ensure the future of your agency.
A copy of the official registration and financial information may be obtained from the division of Consumer Services by calling toll-free within the state (800)HELP-FLA (435-7352). Registration does not imply endorsement, approval, or recommendation by the state. www.FloridaConsumerHelp.com