ALA Foundation Mission Endowment Fund
Funding Amount
Varies (donation-based; earnings distributed annually)
Deadline
Rolling / Open
Grant Type
foundation
Overview
ALA Foundation Mission Endowment Fund
Funder: American Legion Auxiliary Foundation
Mission: A permanent endowment fund that supports ALA programs through annual distribution of investment earnings, including ALA Girls Nation and the National Veterans Creative Arts Festival.
Program Overview
The ALA Foundation Mission Endowment Fund is a permanent fund that holds principal in perpetuity and pays out investment earnings each year to support ALA programs. This model ensures sustainable, long-term funding for priority initiatives.- Donors contribute to the endowment principal
- Principal is invested and grows over time
- Annual investment earnings (typically 5% or more) are distributed to ALA programs
- Principal remains invested indefinitely, continuing to generate earnings
How the Fund Works
Example: A $100 donation yields $5 annual earnings (at 5% return). The $5 supports ALA programs while the $100 principal continues to grow.
- ALA Girls Nation: Leadership program for aspiring young women providing firsthand experience in federal government operations, parliamentary procedure, Constitution, and legislative process
- National Veterans Creative Arts Festival: Co-presented with U.S. Department of Veterans Affairs
- Other ALA programs as determined by Foundation Board
Supported Programs
- Provides leadership development for high school female students
- Offers practical insight into federal government workings
- Creates networking and mentorship opportunities
- Past participants credit program with life-changing impact
- Supports diversity and civic engagement
ALA Girls Nation Program
Contact
Website: www.ALAFoundation.org For donation information, visit the website or contact the ALA Foundation directly.How to Apply
Donation Process
1. Decide Donation Amount: Determine how much you wish to contribute to the Mission Endowment Fund.
2. Make Donation: Visit the ALA Foundation website or contact them directly to contribute.
3. Specify Fund: Indicate your donation should go to the Mission Endowment Fund.
4. Receive Confirmation: Donors receive acknowledgment and tax documentation.
- ALA Foundation Board reviews annual investment earnings
- Board determines fund allocation to ALA programs (typically Girls Nation and VCAF)
- Earnings distributed to programs to support operations and participant experiences
How Funds Are Used
- This is a permanent endowment (ongoing fund)
- Donors may receive recognition as Mission Endowment Fund contributors
- All contributions are tax-deductible (501(c)(3) organization)
- Fund grows perpetually, supporting ALA mission for future generations
Notes
Focus Areas & Funding Uses
Fields of Work
Categories
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