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2nd Century Endowment FundAs we proudly look back at our organization's history, we see that we have accomplished much. Now it is time to look ahead. To celebrate and honor 100 years of service to members, and to enable the National Genealogical Society to create a meaningful endowment for future generations of members, the NGS Board of Directors has established the 2nd Century Endowment Fund. This will ensure the next century of service to genealogists and family historians. A Goal to Create an Endowment of $1 MillionThe Board has made the commitment to see that these resources are available for the good of the society – not for routine expenses. This influx of additional financial support will provide support to the NGS programs, with the endowment principle to be preserved to benefit the membership by producing interest income for:
No income will be spent until the endowment reaches $150,000, and then only 80% of the interest may be spent on the governing board's approved projects. Only after the fund reaches $1,000,000 can 100% of the interest be used to further mission projects. There are several levels established for 2nd Century Endowment Fund contributors. Individuals and organizations that give to the NGS 2nd Century Endowment Fund will be classified by the level of contribution:
Contributions Are Tax DeductibleContributions to the 2nd Century Endowment Fund are tax deductible as charitable contributions. The NGS has been designated a 501(c) 3 organization by the Internal Revenue Service and therefore your contribution is fully tax deductible under current federal law. Please send your contribution today and assure the future of tomorrow's genealogical research. Contibutions may be mailed to Attn: 2nd Century Endowment Fund, 3108 Columbia Pike, Suite 300, Arlington, VA 22204-4304. Thank you for supporting NGS!
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