Endowments and pledges

A project may be endowed in perpetuity with a lump sum as capital to be invested and the interest used to support activities.

An endowment can either be a one-off donation or a pledge over an agreed period of years.

If an endowment is made through an annual pledge, the use of funds may start before the capital is fully established if funds permit. A minimum commitment of three years is also required for annual pledges.