Join the Community Foundation of Northern Illinois at Klehm Arboretum on Wednesday, May 30 at 3:00 p.m. to learn more about the Carroll H. Starr Endowment Challenge.
Staff will take attendees through why endowment might be right for your organization, what the Carroll H. Starr Endowment Challenge is, and how it works.
For questions about the Carroll H. Starr Endowment Challenge, contact CFNIL’s Program Director James Patterson at firstname.lastname@example.org or 779-210-8206. For questions about CFNIL’s stewardship of your organization’s endowment, contact CFNIL President Jon Bates at email@example.com or 779-210-8201.
CFNIL will accept applications for the Carroll H. Starr Endowment Challenge from May 30 to July 9, 2018.
The first Carroll H. Starr Endowment Challenge was offered by the Community Foundation of Northern Illinois in 2001. Through the Challenge, CFNIL matches $1 for every $3 raised by 501(c)(3) organizations to build permanent endowments. Once established, the permanent endowments provide the grantee with a perpetual revenue stream for the organization and entice donors to make long-term commitments and legacy gifts. Carroll H. Starr co-founded CFNIL in 1953 and served the organization until his death in 1963.
Since 2001, CFNIL has contributed more than $660,000 to CHS Endowment Challenge grantees. Collectively, these funds are now worth more than $2,800,000.