Despite the challenges of recent years, the Women’s Fund of East Tennessee (WFET) has not only persevered but thrived—thanks to YOU! Our fundraising efforts have consistently exceeded expectations, driven by the steadfast support of our dedicated donors and friends who believe in our mission.
A key aspect of our success stems from the foresight of our founding women, who understood that to sustain our vision, we needed a structured approach to fundraising that separated annual operational funds from our Endowment-funded giving.
The Importance of Giving
The WFET Endowment is critical to ensuring our long-term sustainability. It is a permanent fund that generates income to support our mission. This is especially vital in our economic climate, as we navigate an evolving landscape marked by financial uncertainties. Our Endowment ensures that funds are available not only for immediate needs, but also in perpetuity for our long-term initiatives that uplift low-income women and girls across our region.
Ultimately, the income generated from our Endowment allows us to make impactful grants and sustain programs that create lasting change in our community. This long-term stability allows us to continue supporting those who rely on our funding and services, regardless of these external financial pressures.
End-of-Life Planning and Its Impact on Endowments
As we discuss Endowment giving, it’s important to consider the substantial role that end-of-life planning can play. Many individuals are not aware that they can leverage estate plans to significantly contribute to the sustainability of organizations like WFET. By including our Endowment fund in your estate planning, you can create a lasting legacy that supports our mission for generations to come.
Planned gifts, such as bequests, charitable trusts, or life insurance policies, as well as annual distribution giving, can provide substantial resources to our Endowment, allowing us to enhance and expand our impact. This type of giving also ensures that your priorities and values continue to resonate within the community long after your lifetime.
You Can Make a Difference
A common misconception is that “I do not make enough money to give to an Endowment fund.” However, anyone can contribute at any level, and on a recurring or one-time basis. While we have multiple ways in which you can earmark your donation, we encourage you to consider our Endowment fund. Endowment giving ensures the future of our mission. Together, we can ensure financial viability for the countless low-income women and girls striving for self-sufficiency.
