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According to Giving USA, the annual report on philanthropy prepared by the Center on Philanthropy at Indiana University for the Giving USA Foundation, in 2010, bequest giving in the United States increased 18.8 percent over 2009. This increase percentage is much more than the combined increase in the same time period of individual, foundation and corporate gifts.
This stat may be an indication that the time is right for more organizations to consider endowments. Endowment accounts are a nice stepping stone towards a more firm funding foundation for nonprofits. Endowments may be setup where the interest is spent each year for general operational needs or restricted uses like training.
If you receive a bequest or other unanticipated funds, here are some sources for more information about endowments:
- Investment department of your local bank
- Leave a Legacy Iowa, a public service announcement focused organization you may connect with for a small membership fee
- Local attorney who works on estate planning
- Other nonprofits in your community who have established endowments
- Your local community foundation. For more information on community foundations in Iowa, click here.

















