Sunday, February 20, 2011

UNITY Establishes Endowment Fund at Oklahoma City Community Foundation

UNITY is pleased to announce it has established an endowment fund at the Oklahoma City Community Foundation.

An endowment is a permanent fund that is invested and managed to provide annual income to a charitable organization such as UNITY as long as the organization is in existence. An endowment fund also provides donors a way to make a variety of charitable gifts. The Oklahoma City Community Foundation administers the country’s largest charitable organization endowment program with more than 300 organizations participating. In 2008, the Oklahoma City Community Foundation distributed $5.4 million to the organizations.

“By establishing an endowment fund, our organization has taken an important step in guaranteeing that we will be able to continue advancing our mission for generations to come,” says J.R. Cook, executive director. “It is our goal that the endowment income will underwrite our operations and ensure that UNITY has the resources required to maintain its growth as an organization and can continue its important work of serving the nation‘s Native American youth for as long as the need exists. In general, the creation of the endowment is part of a long term strategy to assure that UNITY's decades of dedicated efforts will proceed and keep moving ever forward for the ongoing benefit of those it serves.”

Among other purposes, UNITY envisions using the endowment funds for: purchasing property on which a Native Youth Leadership Center will be built; growing and supporting UNITY’s national network of affiliated youth councils; ensuring that critical organizational programs such as the annual National UNITY Conference are adequately supported; and building organizational capacity.

Read the information provided on this website to learn more about UNITY’s history and its programs.

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