SEDS-USA Endowment Fund
The SEDS Endowment will be a sum of money invested in a mutual fund or other similar portfolio, the interest from which will fund SEDS' annual scholarship program and operating expenses. Only the interest from the endowment will be used -- the principal will remain in the endowment, providing operating funds for SEDS for generations to come. What is the money for? We are raising money for several purposes. Twenty percent of the money raised will be immediately be put into the SEDS-USA operating fund to support current projects like the NOVA (the national newsletter), educational outreach projects, chapter expansion programs, and other chapter support activities. Five percent of the money raised will be used to fund the SEDS Scholarship Program. The remaining funds, 75 percent of the total money raised, will be put directly into the SEDS Endowment. Why the Endowment is critical: The Endowment will put SEDS on a stronger financial foundation than ever before. Over the past several years SEDS-USA has only had a couple hundred dollars to put out a newsletter, keep the chapters informed of national projects, put on an annual conference, and fund the scholarship. The Endowment will give SEDS-USA an operating budget of several thousand dollars as well as fund the scholarship program and provide SEDS-USA with a steady source of revenue independent of further fundraising activities. SEDS-USA will finally have enough money to serve the chapters better than it ever could before. The Endowment will let SEDS-USA call the chapters to offer any help they need, update them on SEDS-USA projects, and put out a well-funded newsletter. Endowment interest can also be applied to a Chapter Projects Fund so chapters can apply to SEDS-USA for funding for chapter or regional projects. How do I Contribute? If you would like to make a contribution to the SEDS Endowment, you have several options. You may:
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Last modified on July 9, 2002 by Chris L. Send any questions to seds@seds.org
