What is an endowment?
Endowments are permanently invested funds that produce annual income to support a designated program. Funds donated to an endowment are invested, and the earnings on those funds are used to support the program. Endowments are of particular importance because they provide an ongoing source of income for the future, buffering the effects of an unpredictable economy. To learn more, please contact the Wayne Theatre Alliance or email: email@example.com