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NEW RIVER FOUNDATION ENDOWMENT FUND:
With more than a decade of successes behind us, the need for the New River Foundation and the New RIVERKEEPER® is ongoing. This has prompted the NRF to establish an endowment.
WHAT IS AN ENDOWMENT?
Endowments are funds given to an organization with the requirement that the principal is never spent. The balance in these funds is invested, earning income that is then spent to support charitable works in perpetuity.
For organizations like NRF an endowment can be critical strategy to provide a permanent source of revenue that can be used for general operating funds or specific programs.
If you would like to support our Endowment Campaign, please contact NRF Executive Director, Betty Sanders-Seavey at 910-937-0877.
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