The principal funds in the endowment can never be used, unless there is an emergency in Africa—for example, if we needed to act quickly in the case of tribal warfare or an ebola outbreak. The Arise Africa board is required to make a special request to the endowment board for funds and every option would be sought before going to the endowment board. Then, the endowment board would have to vote on whether they feel endowment funds should be pulled.
Although Arise Africa prays that the endowment funds are never touched, we also need to be prepared and have back-up funds ready to help the children and staff we serve. The endowment fund serves as this backup, while also earning interest for our organization.
Donors can give to the endowment fund by writing a check made out to Arise Africa and writing in the memo line “endowment.”
They also can give to the endowment online through credit card. If you would like more information on the endowment fund to feel free to email Executive Director Alissa Rosebrough.