Endowment FAQs:

Why is an endowment necessary?
This endowment gives women and girls in our community the security of having a Women’s Fund that provides funding, shares expertise, and assists non-profits to better serve women and girls.

How will the money be managed?
The endowment is managed by Gibraltar Bank, with oversight by the Women’s Fund Finance Committee, which is made up of professionals in the area of investments, financial planning, finance and accounting. The Women’s Fund spending policy allows up to 5 percent of the assets (based on an X-quarter rolling average) to be spent each year for grants. 

Do I have to sign a contract?
No, unless you want to ensure your gift continues through planned giving.