The Stateline Community Foundation offers donors a practical new way to “plant” their own personal, family, business or agency endowment through the Acorn Society.
The Acorn Society is tailored to those who want their giving to continue as far into the future as can be imagined, supporting the organizations or fields of interest they value.
The plan is systematic, yet flexible, with a goal of growing into a $20,000 “tree” (your named fund) by donors contributing at least $4,000 per year into their charitable fund. Payments can be scheduled annually, semi-annually, quarterly or monthly.
The contributions are invested by the Foundation with all investment income reinvested until the fund reaches $20,000.
To help each fund grow as quickly as possible, the Foundation waives its fees until the $20,000 goal is attained. Fund distributions are derived from investment income leaving the fund’s principal intact and ensuring its longevity.