Endowments

Faces of ARC It is our hope that you will help Evansville ARC to continue its mission for many years to come. By giving to an endowment that Evansville ARC has established you can provide a financial base to support and maintain future programs and services of Evansville ARC.

Donors can designate their contributions to the following Evansville ARC endowment funds:

The Quasi Endowment Fund – this endowment has been established by the Board of Directors for the purposes of accumulating principal, the income from which will be used to support programs or activities within the Evansville ARC Agency. The Quasi Endowment Fund represents board-designated funds – funds that have been set aside by the Board for future use. This fund is managed as a long-term endowment fund; however, because these funds are board-designated, Evansville ARC could use these funds if absolutely necessary.
The Property Endowment Fund – this endowment fund has been established to provide a reserve for capital improvements. Use of this fund is restricted to purchases of land and buildings for the Agency, improvements to land and buildings, or for any major and infrequent repairs. Assets in this fund shall not be available for normal maintenance or upkeep items, which items shall be anticipated and provided for in the annual budget for the Agency.
The Bayleigh Pauckner Endowment Fund – this endowment fund has been established in the memory of Bayleigh Pauckner. Contributions to this endowment fund are designated to the Evansville ARC Child Life Center.



	Endowments It is our hope that you will help Evansville ARC to continue its mission for many years to come. By giving to an endowment that Evansville ARC has established you can provide a financial base to support and maintain future programs and services of Evansville ARC. Donors can designate their contributions to the following Evansville ARC endowment funds: The Quasi Endowment Fund – this endowment has been established by the Board of Directors for the purposes of accumulating principal, the income from which will be used to support programs or activities within the Evansville ARC Agency. The Quasi Endowment Fund represents board-designated funds – funds that have been set aside by the Board for future use. This fund is managed as a long-term endowment fund; however, because these funds are board-designated, Evansville ARC could use these funds if absolutely necessary. The Property Endowment Fund – this endowment fund has been established to provide a reserve for capital improvements. Use of this fund is restricted to purchases of land and buildings for the Agency, improvements to land and buildings, or for any major and infrequent repairs. Assets in this fund shall not be available for normal maintenance or upkeep items, which items shall be anticipated and provided for in the annual budget for the Agency. The Bayleigh Pauckner Endowment Fund – this endowment fund has been established in the memory of Bayleigh Pauckner. Contributions to this endowment fund are designated to the Evansville ARC Child Life Center.