You can create an endowment to benefit a particular nonprofit organization or cause in the community that matters most to you. Endowed funds can be started with a minimum establishing contribution of $10,000. LACF invests the principal, ensures prudent funds management, and directs the earnings out into the community as grants to nonprofits.
Donor-designated Funds are established by a donor to benefit a specific nonprofit organization. Each year, the nonprofit beneficiary receives the earnings from the endowment as an unrestricted grant. This provides a reliable income stream for the organization, allowing them to spend less time fundraising and more time carrying out their mission.
- Community Endowment for UNM-Los Alamos, created by Pat Soran and Ann Hayes
- Los Alamos Little Theatre Endowment, created by Ken Milder
Field-of-Interest Funds are established by a donor to benefit a general area of interest in the community. Each year, LACF conducts a competitive grant cycle to select the recipient(s) within the parameters specified by the donor. This competitive selection process allows for multiple organizations to benefit from the fund over time.
- Los Alamos Community Youth Sports Endowment, created by Paul and Jill Cook
- Pajarito Plateau Heritage Preservation Endowment, created by Georgia Strickfaden
To see our past grantees, click here.
Endowed funds can be created with gifts of cash, appreciated securities, required minimum contributions or qualified charitable contributions from an IRA, and more. Click here for ways to give.
Like the permanent stability of an endowment, but want to have an immediate impact too? Consider creating a Now and Forever Fund. See here for more information.