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Endowment

A robust endowment can provide My Possibilities with a level of financial stability and autonomy that might not be otherwise attainable. When the principal amount is invested prudently and managed with care, and annual expenditures are set in line with anticipated long-term returns, an endowment becomes a safeguard for the organization’s future while helping to meet its present needs.

An endowment, similar to My Possibilities’, operates with a long-term view. The  My Possibilities’ investment committee will oversee the growth of the endowment to secure MP’s assets for future generations. The objective is to maintain the real value of these assets while ensuring a consistent and sustainable flow of funds directly to the annual operating budget.

Frequently Asked Questions

What is an Endowment?

  • An endowment fund is established to offer enduring support to My Possibilities. The donated amount, often referred to as the principal or corpus, remains untouched and is instead invested. Only the earnings generated from the investments of the endowment principal are accessible for expenditure. The initial contribution continues to grow, yielding increased income over time.

How do I establish an endowment fund?

  • Typically, the creation of new funds involves the collaboration of a donor and My Possibilities through an endowment agreement. In some instances, endowment funds may also be initiated via a bequest, annuity, or trust. For additional details or if you wish to establish a new endowed fund, please reach out to Kim Roosevelt.

What type of gifts provide the most impact to My Possibilities?

  • Unrestricted gifts to My Possibilities’ endowment have the greatest impact on the HIPsters.

Who serves on the Investment Committee? 

  • Members of the My Possibilities Board of Trustees and Foundation Board, along with individuals appointed by MP’s Chief Development Officer.

Want to give to MP endowment? Contact:

Kim Roosevelt
Chief Development Officer
914-319-6738

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469-241-9100

frontdesk@mptx.org

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  • About
  • Contact Us
  • Join Us Today!
  • Donate Now
  • Media
  • Commitment to Accessibility
© 2024 My Possibilities
  • About
    • Board of Directors
    • MP Foundation Board of Directors
    • MP Staff
    • Corporate Partners
    • 2023 Year in Review
    • 2022 Year in Review
    • Governance
    • Community Needs and Strengths Assessment
  • Program
    • Academics
    • Career Services
    • Electives
    • MP in Motion
    • MPower Online Learning
    • Therapy
    • Vocational Education
    • Parent Portal
  • Admissions
    • FAQ
    • Submit Application Fee
    • Want a Tour?
    • Apply for Admissions
  • Campus Life
    • HIPster Life
    • North TX Unified Soccer League
  • Ways to Give
    • Gift Giving
    • Planned Giving
    • Endowment
    • Donate Stock
  • Make Payment
  • Events
    • Your premier event venue!
    • Community Ball
    • North Texas Giving Day
    • HIPster Golf Classic
    • HIPster Showcase

  • Contact Us
  • Capital Campaign
  • Join Us
  • Media
  • Donate Now
MyPossibilities