Strong Kids Campaign Endowment Fund Methods of Giving

ENDOWMENT FUND

Click here to make your Online Donation Twenty-first Century Endowment Fund The Endowment is a permanent fund, a vital source of perpetual support for the Somerset Hills YMCA, and the primary indicator of organizational strength and stability. Income from the endowment supplements the operating budget and allows the YMCA to maintain and enhance the quality of its programs and services.   The importance of endowed funds lies in their permanence. Endowment principal is not spent. It is carefully managed to yield a steady, reliable and perpetual stream of support that is independent of operating revenue and other fluctuating income sources. Through prudent investment and judicious stewardship, the purchasing power of endowed funds grows over time. Endowment income provides financial stability and allows a community service organization like the Somerset Hills YMCA to pursue and implement long range planning initiatives with confidence.