20. Understanding Endowment Funds

Send us Fan MailIn this episode of First You Talk: Navigating Generosity, we explore the endowment fund - how it works, considerations, and best practices.How does an endowment work? Is it really meant to last “forever”? What happens if the nonprofit selected for an endowment closes? What are best practices that can make the most of an endowed fund?Two philanthropic advisors dive into these questions and more!You'll hear from:Mark Brewer, CAP® | President/CEO, Central Florida FoundationDavid Torre, J.D., CEPA®, CFP®, AEP®, TEP®, CAP® | Wealth and Philanthropic StrategistVisit the First You Talk website.Visit Central Florida Foundation's Instagram.As our region’s community foundation, Central Florida Foundation serves as a launchpad for high-impact philanthropy. Championing the collective power of head, heart and dollar, we coordinate the commitment and investment of philanthropists, nonprofits, and community partners to target today’s most critical challenges and those on the horizon to truly transform our community. The Foundation also offers expert giving advice, a personalized approach to managing charitable funds, and the capacity to convene collaboration across sectors. Learn more at cffound.org.