Topical Terminology > Agency Endowment
Agency Endowment
For Agency Endowment we have terms and definitions in 2 topics. The topics are Fundraising and Grantmaking.
Agency Endowment (Fundraising) 
A fund established within a community foundation or other public foundation) by a nonprofit organization for its own benefit. The foundation annually distributes a percentage of the proceeds to the nonprofit. Although the community foundation holds and technically owns the endowment, SFAS 136 requires that the nonprofit list the endowment as an asset in their books and financial statements.
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Agency Endowment (Grantmaking)
A fund established within a community foundation or other public foundation) by a nonprofit organization for its own benefit. The foundation annually distributes a percentage of the proceeds to the nonprofit. Although the community foundation holds and technically owns the endowment, SFAS 136 requires that the nonprofit list the endowment as an asset in their books and financial statements.
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