The Power of an Endowment

An endowment is a gift that keeps on giving. It’s like planting a seed that grows into a mighty tree, providing for generations to come. The principal is invested, and the earnings are used to support a designated cause, ensuring a perpetual source of funding. This enduring power allows endowments to fuel innovation, advance knowledge, and uplift Hillsboro far beyond the initial investment.

What is a Community Foundation?

A community foundation is a non-profit organization that pools donations from individuals, families, and businesses to support charitable causes within a specific geographic area. They manage these funds, invest them, and distribute grants to address local needs and improve the quality of life in their communities. Community foundations often focus on areas like education, health, arts, and social services, providing long-term support and fostering philanthropy in the region.