What is the Endowment Fund?
The Junior League of Wichita Falls has established a permanent endowment fund to ensure fiscal stability. It will enable the League to sink deep roots which can withstand the winds of change or economic downturns.
How will this endowment fund help the Junior League operate better and more efficiently?
Fundraisers and dues support our community projects, League programs and administrative expenses.
Yet, no one method of funding provides long-term financial security. A strong endowment fund will
ensure a revenue stream that will augment but not replace current revenue sources. This will allow the Junior
League to pursue exciting and new opportunities or deal with unforeseen circumstances.
How does the fund work?
Gifts made to The Fund are invested and managed by the Wichita Falls Area Community Foundation (WFACF) according to a diversified asset allocation model. It is internally monitored by a League Fund Development Committee composed of both active and sustaining members.
Currently, income earned on gifts, minus fees, is accrued to The Fund to increase its value. Our goal is to increase The Fund’s value to $500,000 – a “Hike to a Half Million.”
Once that goal is reached, a portion of the earnings will cover future operating or programming needs.
This could include funding special community projects, supporting new training initiatives, covering unanticipated expenses, community emergencies, or financing capital expenditures.
Why should you invest in the League?
Your participation is essential to achieving the League’s “Hike to a Half Million” goal. You will
join with others who care about the long-term viability of the Junior League – and more importantly, your community. Our members have created a lasting legacy within the Wichita Falls area. You will help the work of the Junior League to continue throughout future generations.
How will my gift be recognized?
All donor levels will be recognized on the Junior League website, in the League Connection newsletter, and in Annual Profile and Endowment Fund publications in the year of the donation.
The Junior League of Wichita Falls Founders Circle includes those who make gifts of $1,000 and above during the initial phase of our endowment campaign (April 2012-April 2013). These will be acknowledged in promotions and publications and on a plaque located at The Junior League of Wichita Falls headquarters.
How much should I give?
The Junior League welcomes all gifts of any amount. With many opportunities at a number of giving levels, you can choose the one that is right for you. You will find suggested giving levels in the donor commitment form included in this brochure. If you wish, you may pay your pledge over a period of several months or up to 3 years. Gifts are encouraged in memory of or in honor of a special person or event. Or consider planned giving or a combination of an immediate gift and a planned gift. We will be happy to discuss the options with you personally.
The Junior League appreciates and is humbly grateful for strong community support during the past 55 years. You can help us make this next step forward with your gift to the “Hike to a Half Million” campaign.