Endowment

Endowments

Museum Endowments  Create long-term revenue streams to support the ongoing operation and maintenance of the Heidrick Ag History Center.

Named Donor Endowments  Established with a minimum of $100,000 to honor a specific person or entity while supporting the Heidrick Ag History Center. A donor may fund the endowment over a period of three years in order to achieve the required minimum.

 

More on the Endowment

Endowment Purpose  The Museum Endowment supports operations and maintenance of the Heidrick Ag History Center. Named donor endowments can also support operations and maintenance while recognizing the generosity of the donor.

Goal  Raise a $1,000,000 museum endowment before authorizing a spending distribution.

Planned Gifts  Unrestricted planned gifts support the museum endowment.

Endowment Investments  A prudent investment strategy, managed by a third party fiduciary, guides the ability of the endowment to generate revenue to support the financial goals of the Heidrick Ag History Center.

Prudent Spending  Prudent distributions ranging from between 3% to 5% annually may be considered from the interest earnings to support the Center.

 

If you would like to know more, contact Lorili, Executive Director by phone at 530-666-9700 or at lorili@aghistory.org.

 

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Sacramento museum, history, agriculture, tractors, hot rods, classic cars, horsepower, growers, collectors, antique, vintage, restored, woodland, California