Creating a Firm Foundation for the Future
To serve the increasing senior population
in Yellow Springs and Miami Township in the years ahead, we must build a firm foundation for the future now. The Endowment—a fund in which the original gifts are invested and the earnings are used to support the Center's programs—will provide
income to the Center each year in the future. Annual income from the Endowment will grow through increased value of its investments and additional gifts.
The Seniors for Tomorrow Endowment Campaign is a 12-month effort to launch this permanent endowment fund with an initial $500,000 in assets. Gifts may be made right now or pledged for the future. Donors may select nearly any asset for their gifts—for example, cash, stocks or bonds, real estate, or retirement funds. Some donors will make their gifts outright and others may retain earnings during their lifetimes.
The Yellow Springs Community Foundation and the Dayton Foundation will manage our Endowment funds and will assist the Yellow Springs Senior Center in helping donors select the most cost-effective way to contribute to the Endowment Campaign.
Whether the Center remains at its present location, expands to satellite facilities, or combines with another local nonprofit organization serving seniors, the earnings from the Endowment Fund will provide much needed financial support to programs that help seniors.