LibGuides: Endowments : Best Practices and Additional Resources

Endowment Code of Conduct

The Code of Conduct is designed with the goal of establishing best practice for the organization’s members, volunteers, and/or paid staff responsible for managing the entity’s financial assets. The incorporation of the ethical principles embodied in the Code will enhance the policies and procedures related to the management of the financial resources.

Endowment Code of Conduct - CFA Ins.
Providing an ethical framework for managing endowments. More informaton can be found via link.

Endowment Code of Conduct - CFA Ins.
Code of Conduct offered by CFA Institute.
Investment Management Code of Conduct for Endowments, Foundations, and Charitable Organizations - CFA Institute
Guidance on the CFA Institute Code of Conduct.

Illinois.Gov

QCF - Requirements - Illinois.gov
Qualified Community Foundations (QCFs) must be a 501(c)(3) tax-exempt organization and be approved by the Illinois Department of Revenue (IDOR) before accepting contributions eligible for tax credit under the Illinois Gives Tax Credit Program.

Illinois Gives FAQ
Illinois Gives Tax Credit Act - FAQ HB4951 / Public Act 103-0592, Article 170

Endowment Reporting Guides and Toolkits

Nonprofit Endowments & Reporting: The Ultimate Guide [2023] - Storyraise
Nonprofit endowments help organizations create impact in their communities. And endowment reports, a follow-up to endowments themselves, are an essential part of the process. In this blog we’ll cover everything you need to know, including how to create an endowment report for your nonprofit.

Organizational endowment guide For churches and nonprofit organizations - Thrivent
This guide features basic information about endowments. Since endowments are only successful if people know about them and use them, we have included ideas to help inform your supporters about your endowment fund and how they can participate in it.
Organization Endowment Building Toolkit - Stark Community Foundation
Stark Community Foundation recognizes that one of the biggest challenges for building an endowment fund is getting the word out. That’s why we designed this checklist to give your endowment building team an action plan to make this work more manageable. It is an essential guide customizable to many kinds of organizations, and you’re encouraged to play with the ideas and make them your own.
GLOBAL ENDOWMENT AS A TOOL TO ELIMINATE HARMFUL PRACTICES - UNICEF
UNICEF has conducted scoping exercises to explore promising innovative financing models that would support gender equality and the empowerment of girls. This note provides an analysis of the special purpose fund mechanism and outlines how UNICEF may use this instrument in financing efforts in ending harmful practices in line with the UNICEF Child Protection Strategic Plan 2021–2030.

Endowment Calculator

Nonprofit Endowment Calculator - Heart of IL Foundation
Enter your nonprofit organization's beginning fund balance and a sample time period to see how an endowed fund will ensure the long-term financial stability of your organization.

Professional Networks

Association of Donor Relations Professionals
ADRP is the diverse community of donor relations professionals sharing education, knowledge, and experience, and empowering members to advance their careers and drive excellence in the field.

Snapshot

Snapshot of a Well-Managed Endowment - Glenmade
An endowment can be an essential financial pillar for nonprofits and institutions. A properly administered endowment, alongside an understanding of fiduciary requirements, will help maintain the corpus and contribute to an endowment’s growth.