Sustaining the Future: Creating an Endowment Fund for Our Nonprofit Management Program
Primary Investigator (PI) Name
Dr. Jennifer Wade-Berg
Department
WCHHS - Social Work and Human Services
Abstract
This applied research project created a set of best practices and procedures for creating an endowment fund for postsecondary institutional use. To answer the questions that guided the project research, both qualitative and quantitative data were used. An annotated bibliography was developed along with a content analysis of web resources on the topic of endowments. Face-to-face interviews with key leaders from the Kennesaw State University Foundation were also conducted. The interviews were conducted using a funnel approach that expounded on information specific to Kennesaw State University Foundation policies and procedures regarding endowment funds. Findings yielded a set of best practices and procedures that were placed into a tool kit for the Dean of WellStar College of Health and Human Services, Department of Social Work and Human Services faculty and staff to use for the development of a fund to support academic programming in the area of Nonprofit Management and Social Innovation. The expected impact of this project is that this tool kit will provide insightful information that results in the successful solicitation and procurement of gifts for an endowment.
Disciplines
Nonprofit Administration and Management
Sustaining the Future: Creating an Endowment Fund for Our Nonprofit Management Program
This applied research project created a set of best practices and procedures for creating an endowment fund for postsecondary institutional use. To answer the questions that guided the project research, both qualitative and quantitative data were used. An annotated bibliography was developed along with a content analysis of web resources on the topic of endowments. Face-to-face interviews with key leaders from the Kennesaw State University Foundation were also conducted. The interviews were conducted using a funnel approach that expounded on information specific to Kennesaw State University Foundation policies and procedures regarding endowment funds. Findings yielded a set of best practices and procedures that were placed into a tool kit for the Dean of WellStar College of Health and Human Services, Department of Social Work and Human Services faculty and staff to use for the development of a fund to support academic programming in the area of Nonprofit Management and Social Innovation. The expected impact of this project is that this tool kit will provide insightful information that results in the successful solicitation and procurement of gifts for an endowment.