What is the minimum gift required to start an endowment?
The minimum for establishing an endowment with the Community Foundation is $5,000. However, an Acorn Fund can be established with $1,000 as long as a donor commits to contributing $500 or more annually until the fund does reach $5,000. The fund will not payout any grants until it reaches $5,000 and that amount has been invested for one full fiscal year.