About Our Endowment
Through careful and effective management of the endowment, The Night Ministry maintains a balance between our needs of today and the needs of the future.
In 2010, The Night Ministry established an endowment, the purpose of which is to provide for the long-term sustainability of our programs. The Board of Directors seeded the endowment with an initial allocation of $200,000 from an unexpected, unrestricted major gift. Since then, the balance has increased to $2.7 million, largely as a result of Board policy requiring that any unrestricted revenue derived from bequests or estates be placed in the endowment. Three donor-restricted gifts have also been made to the Endowment.
The Board’s Endowment Committee meets quarterly to fulfill its responsibility for oversight and management of the Endowment. Until the balance reaches $5 million, funds cannot be withdrawn to support our programs. Growing the Endowment is a focus of the Strategic Plan’s aim to ensure The Night Ministry's financial health well into the future.
Ways to Contribute
Your gift or bequest to The Night Ministry's Endowment can include: