One way to diversity revenues and ensure a stable predictable source of income is through an endowment. The overall goal is to privide an additional source of operating income for the future by doubling the fund principal every 8 to 10 years. WMO’s Long Term Giving Policy states that no assets of the fund will be available for use until the aggregate fund assets exceed $10,000 and that no more than 5% of the average fund assets may be spent in one year.
The Board of Directors hope is that the endowment will grow to $500,000 in five years. Your help is needed to achieve that goal. Contributions and/or pledges are welcome. Over $10,000 has already been deposited into two “Socially Conscious” funds; Citizens Emerging Growth and Domini Social Equity.
You can download the donor form here: Donor Form