Contact CAFF:

402-606-6783
director@columbusareafuturefund.org

P.O. Box 1734
Columbus, NE 68602

The Columbus Area Future Fund is an affiliated fund of the Nebraska Community Foundation, a registered 501(c)3 charitable non-profit corporation. 

The Columbus Area Future Fund is a founding member of the Columbus Area Philanthropy Council.

© 2017 Columbus Area Future Fund

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The Power of Endowed Funds

 

When Einstein was asked what the most powerful force in the universe was, he paused for a moment and then quipped “compound interest.” 

 

In general, “an endowment is a permanent fund whose assets are invested to generate income to be used by the beneficiary nonprofit organization.”  An endowed fund receives charitable donations of money or property with the stipulation that the donation be invested and that the donation principal remains intact. The institution supported by the endowment can spend only the annual earnings of the invested principal and in accordance with the wishes of the donor. This allows for the gift to provide support to the institution for an unlimited number of years. 

 

Funds donated to the Unrestricted Endowment Account will remain in that fund with investment income generated will be designated by the Fund Advisory Committee for projects within the Columbus area community.

The Columbus Area Future Fund (formerly Columbus Area Community Foundation Fund) is an affiliated fund of the Nebraska Community Foundation and strives to build a community endowment to promote local leadership development, entrepreneurship, youth engagement and community philanthropy.  Your gift will be used to advance those efforts and ensure dollars are available locally for use in determining our region’s future.

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