Our large investment portfolio increases the opportunity for a better return with lower administrative costs. An endowment also shows potential donors that your organization has prepared for long-term stability.
Endowment funds are intended for perpetual asset growth and are invested for the long-term. We target an average annual return of 7% and the administrative fee for service is 0.75%.
Community Foundation Tampa Bay manages your endowment as part of a high-performing investment pool. An annual distribution is made to your organization, consistent with the spending policy adopted by our board. Currently, our policy allows for a distribution rate of around 4-5% of the endowment’s average value depending on market projects for the year.
Community Foundation Tampa Bay provides funding to nonprofit across the five-county service area (Hillsborough, Pinellas, Pasco, Hernando, and Citrus) through a variety of grant processes. Learn more here.