Endowment Fund
The Morgan Adams Foundation Endowment
The Potential Fund
The Morgan Adams Foundation’s General Endowment is identified as the “Potential Fund” and has been established in order to secure the long-term stability and vitality of our organization until the overall mission of the Foundation has been accomplished.
An endowment is a long-term, permanently restricted asset wherein original gift amounts are actively invested in order to create passive current-use income for the work of the organization. Endowments are vital resources committed by donors to an organization’s future.
Named Endowed Fund
Named Endowed Funds may be established for almost any purpose at the Foundation. Endowed Funds can range from $25,000 to several million dollars, and may be directed toward:
- Pediatric tumor or cancer-specific basic science research and novel treatment development
- Non-tumor-specific pediatric cancer bench science research
- Support of scientific laboratory development and build-out
- The purchase of scientific and other equipment
- Other Foundation level infrastructure and growth costs
