How large should the Endowment Fund be to ensure long-term financial stability for Waterfowl USA?
The ideal level of funding would be for the Endowment to provide 100 percent of Waterfowl USA’s annual operating budget. Waterfowl USA’s operating budget of $300,000, ideally, would be funded completely from Endowment Fund earnings. At an annual distribution of 5 percent, the balance of such an Endowment should be $6 million. As the balance grows beyond this amount, Waterfowl USA will be able to expand our waterfowl habitat projects at an even faster pace.
