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Our Endowment Goal–a Whole Year Early?

I’m excited and pleased that it looks very do-able for us to reach our $50,000 Endowment Fund goal by the end of 2019—a whole year earlier than expected!  This means we’ll be able to begin receiving interest income a whole year early!  If you can help, the time to do it is between now and the end of 2019!

Our GOAL is the minimum needed for an Endowment Fund: $50,000

In 2017, ISAAC donors (all at the end of the year) gave: $16,600

In 2018, ISAAC donors (mostly at the end of the year) gave: $22,700

In 2019, so far, ISAAC donors already gave: $4,230

TOTAL given to date: $43,530

Balance needed to begin to receive interest income: $6,470

See how do-able it is for us to reach just $ 6,470 more in 2019!  Our donations in 2019 just need to total $10,700—only half of what we raised in 2018 and much less than we raised at the end of 2017! ISAAC will be on a whole new level of sustainability when we reach $50,000.  We’ll be able to start receiving interest income if we choose, or we can reinvest it and keep our Endowment growing.

If you can, please help with a donation of any size, or a charitable distribution (tax free) if you have a retirement account.  Please make your check to Kalamazoo Community Foundation and put “ISAAC Endowment Fund” in the memo space.  Send it to the ISAAC office, or give it to Dr. Charlae Davis, or mail it directly to:

Kalamazoo Community Foundation
402 E. Michigan Ave
Kalamazoo, MI 49007

Thank you for all the ways you support our work together to cultivate the Beloved Community.

– Tobi Hanna-Davies, VP for Communications