We've all heard the saying "great oaks from little acorns grow"
That concept remains true today. Small amounts – the acorns – intelligently invested over an extended period of time result in a substantial amount of assets – the oaks – available for use in the future.
The Acorn Society was established to provide a way for donors to build meaningful permanent funds over time- funds that will support important community needs even after the donor’s passing. Upon reaching $5,000, an endowed fund will be activated and charitable grants may be made from the earnings of the fund in perpetuity. The donor will choose a name for the fund, perhaps their own or in memory or honor of someone else.
A $250 contribution is required to establish the fund and monthly payments of $85 will be expected after that initial payment. These may be made by check or by electronic transfer.
Every year, a portion of the cumulative growth from the Acorn Society funds that have yet to reach an endowed level, will be set aside in a special account. Members of the Society will then collectively advise the Foundation as to how these funds should be expended in community grants. Once a fund reaches the endowed level, the growth on that fund will begin to accrue to that specific fund and not be passed to the special fund.