A lot of times we talk about all the great reasons to grow your MidwayUSA Foundation endowment and that often means we’re talking about our matching program or our free fundraising items. Well, those are both really awesome reasons but today we have another one to remind you about….earnings! If you add up all of the money in our 3 endowment programs it totals about $120 million…yes MILLION. That money has great power in the investment world and we treat it with care. Goldman Sachs is hired as our Chief Financial Officer so true financial professionals are investing those funds in the best way possible. We are excited to announce that quality hire paired with positive market performance has added nearly $3.5 million across all of our endowments in just the third quarter. For the year, we’ve added over $10 million in earnings! That is real impact and another reason to grow your endowment!
Check your balance, you’ll see an increase! If you have questions or would like a new statement that reflects these added earnings, please contact us. You can email finance@midwayusafoundation.org.