ENDOWED FUNDS
DESIGNATED AND AGENCY ENDOWMENT FUNDS
D
ESIGNATED FUNDS are established by donors who wish to provide annual support to specific charities. Should the organization(s) cease to exist, the Foundation has the responsibility to ensure that a donor’s original intent is met. Charitable organizations can establish
AGENCY ENDOWMENT FUNDS to benefit from the Foundation’s professional investment management administration, thus allowing their staffs and boards to focus on providing necessary services to their constituents. NEW FUNDS IN 2011
PURPOSE
Buena Vista Median Restoration Endowment Established by neighbors and friends of the Buena Vista Median Restoration Project for use by Keep Winston-Salem Beautiful, Inc. Albert L. Butler, Jr. and Elizabeth Bahnson Butler Fund Established by the Albert L. Butler, Jr. Charitable Remainder Trust to benefit various organizations A.F. Clement Trust – Designated Established in 1970 and repurposed in 2011 to benefit education programs at The Children’s Home Elkin Public Library Endowment Established by the library as an agency endowment Lawrence and Wilda Hine Charitable Fund Established with the remainder of the Lawrence R. Hine Irrevocable Trust for the benefit of Friedland Moravian Church and The Masonic Home for Children at Oxford Outer Banks Relief Foundation Fund Established as an agency endowment Stafford Fund for Bunker Hill Cemetery Established with the remainder of the Donald W. Stafford 2007 Charitable Remainder Trust to support the Bunker Hill United Methodist Church cemetery Pearl Fields Stafford Fund for Salem Academy Established with the remainder of the Donald W. Stafford 2007 Charitable Remainder Trust to support Salem Academy Hal G. Worley Endowment Fund Established with an estate commitment for the benefit of various charities
FUND
YEAR
Louise and Sam Adams Designated Fund
2005
Joyce Adger Endowment for Bethesda Center
2009
Emily Allen Wildflower Preserve Protection and Management Endowment
2001
John Wesley Alspaugh and Celeste Tucker Alspaugh Memorial Trust–Children’s Home
1964
American Red Cross (Northwest North Carolina Chapter) Endowment Fund
1997
Amos Cottage–Harry O. Parker Wing Fund
2004
Marshall B Bass Best Choice Center Endowment Fund
1997
Marshall B Bass Fund for Senior Services
2008
Marshall B and Celestine P. Bass Endowment for St. Anne’s Episcopal Church Child Care Center
2008
Bill and Hallie Beckerdite Trust Fund
2010
Nathalie L. Bernard Fund
1963
Big Brothers/Big Sisters Services, Inc. Endowment
1996
Mary Leight Booe Fund
Camp Civitan Fund
1986
William Joyce Camp Dogwood Endowment
1995
Dorothy M. Carpenter Fund
2008
Carr Family Fund–Designated
2006
The Centers for Exceptional Children Endowment
2010
Centenary United Methodist Church Sunday School Fund
1927
1989
Perry B. Clark Memorial Fund of Leadership Winston-Salem
1987
Arts Council Endowment Fund
1957
Arts for Life Endowment
2008
Daniel and Jo Ann Boucher Industries for the Blind Endowment
2004
Joel and Blanche Clingman Charitable Trust
2009
Ashburn Trust–Bowery Mission and Young Men’s Home
1970
Gertrude and Morris Brenner Fund
1993
Community Care Center for Forsyth County, Inc. Endowment
2007
Ashburn Trust–World Vision
1970
Community Marrow Donor Program, Inc.– Forsyth County Area Endowment
2000
Associated Charities Fund
1928
Nottie Riddle Cook Fund
1986
Sarah Austin Child Development Center Trust
1995
1987
Sarah Austin Family Services Shelter Trust
1991
Planned Parenthood Dewitt Cordell Education Endowment
Mary Ruth B. Barrett Fund
Crimestoppers Endowment Fund
1992
Celestine Pate Bass Memorial Hospice Fund
Crisis Control Ministry, Inc. Endowment Fund
1987
[46] FUNDS AND DONORS
Hal Brownfield Endowment
2007
Nick Bunce Friendship Fund
2002
Bryon Tyler Burdick Memorial Fund
1989
Bess Lee Burke Memorial Fund
2003
2006
Hugh E. Bynum, Jr. and Elizabeth H. Bynum Memorial Fund-Designated
2000
2007
Calvary Baptist Church Fund
1998
the winston-salem foundation annual report