In Luke 19:11-27, Jesus teaches us that we have a duty to be responsible stewards of the resources God has given us. As we look at the long-term financial plan of Youth For Christ Southeastern Wisconsin & Zion Illinois, we understand the importance of this instruction. Through the support of generous financial partners we have opened a permanent endowment fund to bring sustainable support for years to come.
WHAT IS A PERMANENT ENDOWMENT?
A permanent endowment is a fund that has been established to provide a long-term source of income, in most cases for a non-profit entity. The funds are intended to be held in perpetuity, and only the dividends generated from the fund’s investments can be used. The underlying funds are typically the result of a large grant or gift.
The Youth For Christ Foundation has given chapters like ours the option to establish an endowment through a reputable financial management firm. Cornerstone Management advises and manages all of the YFC Foundation’s funds. With nearly $1B under management, and a set of proven investment layers, Cornerstone is a highly respected and trusted investment partner among many Christian organizations.
HOW THE ENDOWMENT WORKS
Interested in supporting YFC long-term?
Contact either Jon Nelson or Osmar Aguilar.
Jon’s email: jonnelson.yfc@gmail.com
