Motor City Pride Endowment Fund

Motor City Pride is proud to partner with the Community Foundation for Southeast Michigan to prepare for the future of the organization and its impact on Detroit and the region. With this endowed fund, sustainable funding will be in place for generations of Pride celebrations!

Gifts to the Motor City Pride endowment provide sustainable funding for generations of Pride celebrations in Detroit.

What is an Endowment?

An endowment is a fund that is invested to provide long-term support for a particular nonprofit organization or cause in perpetuity. A portion of the fund is made available annually while the remaining assets are retained in the fund to provide for growth over time.

The Importance of Endowment

Endowment funds provide a source of ongoing annual financial support to address charitable causes. This source of funding can be invaluable in uncertain economic times when other support may no longer be available. During stronger economic periods, an endowment can provide funding to expand support and act as seed money for the development of new programs and services.

Endowment also provides intangible benefits. Giving to a nonprofit’s endowment creates the opportunity for donors to leave a lasting legacy of support. A nonprofit organization with an endowment is sending a message to its donors that the organization will be here fulfilling its mission for decades to come. An endowment can also provide financial security to those organizations taking on new challenges and seizing new opportunities as they arise.

Learn More about Endowment

Questions? Feel free to contact

Randy Ross
Vice President, Philanthropic Services
313.961.6675, ext. 118