What’s an endowment?
An endowment is a fund where charitable contributions of property, assets or funds are placed. Endowments are created for a non profit in support of a specific goal.
The Peanut Butter Endowment was created to provide funds for purchasing food for clients when not enough is donated. The Pantry uses the interest from the Peanut Butter Endowment to bridge the gap when needed. We use up to 4% of the interest earned; any interest earned above that is reinvested. All endowment monies are managed by Savant Capital Management, Inc.
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