The Annual Fund for Immediate Impact
The Annual Fund is a Board-designated account through which the Board of Directors can withdraw funds for the most pressing needs of the Foundation and the Vatican. The Annual Fund serves as the Friends of the Vatican’s “checking account,” which provides funding for current projects and initiatives from Vatican City adopted by the Foundation. By donating to the Annual Fund, your gift will have an immediate impact on the Friends of the Vatican’s work and grantmaking.
The Endowment for Long Term Stability
Safeguarding the financial future of the Friends of the Vatican is essential to carrying out its mission long-term, and gifting to the Foundation’s Endowment is the best and most impactful way to safeguard that future. Each year, the Board of Directors takes a percentage of the investment income from the Endowment to make grants towards its mission of ensuring the preservation of Vatican City. Gifts to the Endowment are perpetual, as the Board of Directors never draws from the corpus of the gift, but rather only uses a portion of the investment income generated to make grants while continuing to compound the fund. This ensures long-term financial stability and growth for the Friends of the Vatican.
Donating to the Foundation’s Endowment is a gift for the future, as its impact will continue to be realized forever. Investing in the Foundation’s Endowment helps to create a sustainable future for the Friends of the Vatican’s initiatives and for the preservation of Vatican City.
The Friends of the Vatican Inc. is recognized as a 501(c)(3) nonprofit by the Internal Revenue Service. Gifts to the Foundation are therefore tax deductible.
The Endowment for Long Term Stability
Safeguarding the financial future of the Friends of the Vatican is essential to carrying out its mission long-term, and gifting to the Foundation’s Endowment is the best and most impactful way to safeguard that future. Each year, the Board of Directors takes a percentage of the investment income from the Endowment to make grants towards its mission of ensuring the preservation of Vatican City.
Gifts to the Endowment are perpetual, as the Board of Directors never draws from the corpus of the gift, but rather only uses a portion of the investment income generated to make grants while continuing to compound the fund. This ensures long-term financial stability and growth for the Friends of the Vatican.
Donating to the Foundation’s Endowment is a gift for the future, as its impact will continue to be realized forever. Investing in the Foundation’s Endowment helps to create a sustainable future for the Friends of the Vatican’s initiatives and for the preservation of Vatican.
