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Press Release...

NWACF picks up new endowments totaling more than $406,000

For Release: August 27, 2001

Springdale, AR - August has been a good month for Northwest Arkansas Community Foundation (NWACF). NWACF picked up four more endowments that totaled over $406,000. The new funds include transfers of existing nonprofit endowments from the Bella Vista Courtesy Van and Single Parent Scholarship Fund of Benton County plus two new funds placed into the Horizon Society. The latter two funds, one established by the Botanical Gardens Society of the Ozarks and the other as a donor-advised family fund, allow for individuals or agencies to build their endowments to either $10,000 as an agency endowment or $25,000 as a donor-advised fund.

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Suzanne Ward
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