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The Wieners
The Fangorn Fund is one of our ‘endowment funds’, where the capital remains and the income from the investment is used each year to distribute as grants. Typically, the minimum donation to establish an endowment fund would be £25,000. The advantage of an endowment fund is that it remains as a permanent resource year after year. Over a relatively short period, the value of grants awarded becomes greater than the original donation which itself remains as a capital fund. The donor may wish to set up a ‘combination fund’ with some funds being distributed immediately (flow-through) and the remainder added to the endowment.
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