For years, BDPA has relied on few sources of revenue to fund program expenses. Realizing that even a small shift in the local economy and continued pressures on our fundraising activities could have devastating effects, the Board of Directors has moved to secure a stable foundation for our organization. In order to assure that there will be a future for BDPA programs, we have developed a goal to create an Endowment, a savings account with a principal large enough to support our programs on the interest alone.
An endowment fund is a restricted fund that that is invested in stocks, bonds, and other investment vehicles that provide income, dividends, and capital gains from these investments. The Board of Trustees is able to utilize a conservative percentage (5%) of the total return from the endowment's income annually as revenue.
For example, if your family provides a $50,000 endowment gift to BDPA that the Board would invest the $50,000 in a balanced portfolio of investment that would never be spent. Only 5% (or $2500) of the annual total return would be spent towards Blue Devils program support.
The original investment would stay intact forever, and the investment would grow to keep pace with inflation. Endowment gifts are a wonderful way to make a gift that will literally last forever providing income to BDPA in perpetuity on your family's behalf.
If you would like to support BDPA with an endowment gift, please email firstname.lastname@example.org or call 925-689-2918. Endowment gifts can be restricted for use by a specific BDPA program.
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