REBECCA WARREN POWERS ENDOWMENT

 

Impact Austin started the Rebecca Warren Powers Endowment in 2016 as an investment in our organization’s permanence. As of July 31, 2020, our endowment totals $87,844.81.

 

The endowment’s growth reflects our members’ energy and commitment as we look to the future. Over time, the investment income that the endowment generates will help support Impact Austin’s annual budget. Put simply, the larger the endowment, the more operating income we earn.

If you would like to discuss the endowment and ways that you can support Impact Austin with a legacy gift, please contact Christina Gorczynski at christina@impactaustin.org.

FREQUENTLY ASKED QUESTIONS

How can I give to the endowment?


The endowment is professionally managed by the Austin Community Foundation (ACF). Donors wishing to support The Rebecca Warren Powers Endowment for Impact Austin should make a check payable to the Austin Community Foundation and send to:

Austin Community Foundation
4315 Guadalupe Street, Suite 300
Austin, Texas 78751

Note in memo of check: The Rebecca Warren Powers Endowment for Impact Austin
You can also make a donation via credit card on our donate page or contribute using appreciated stock donations and required minimum distributions from your 401(k). Detailed instructions about making this type of gift can be found here.




Why did Impact Austin establish the endowment with the Austin Community Foundation?


The endowment was established with the Austin Community Foundation (ACF), a local 501(c)3 tax-exempt organization that manages endowments for more than 70 local nonprofits as well as individual donors. Via ACF, Impact Austin will reap the benefits of gaining access to world-class investment services and receiving support from an organization focused on fostering an ecosystem of philanthropy.




How does the endowment support Impact Austin?


As the endowment grows over time, the annual distributions of investment income to Impact Austin of up to 5% of the market value of the fund will go to support our operations and the grant-making mission of Impact Austin.




Can anyone give to the endowment, or do I have to be a member of Impact Austin?


We welcome gifts from anyone who would like to support the work done by Impact Austin. The Austin Community Foundation has a robust Gift Acceptance Policy, including transfers into our endowment from existing Donor Advised Funds under their management. To discuss ways you can give, please contact Nicole Genovese, Impact Austin Office Manager.




Is there a minimum donation accepted for the endowment?


No. Impact Austin has made meaningful annual giving accessible to women from nearly all socioeconomic backgrounds and we want our endowment to offer the same access.




How do I make a gift of stock to support the endowment?


Donors can contribute using appreciated stock donations or required minimum distributions from a 401K. Detailed instructions about making this type of gift can be found here.





A SPECIAL THANK YOU TO ALL THAT HAVE CONTRIBUTED TO OUR ENDOWMENT THIS YEAR

as of August 15, 2020

Denice Bettencourt

Jenny Cotner

Deanna DeHaven

Jessica Forrest

Pauline Gubbels

Sarah Harris

Valerie Kirk

Kelly Lemons

Allison Marshall

Jane Nolden

Susan Palombo

Sara Pantin

Lauren Paver

Debbie Reinhart

Julianne Shively

Janet Strohmeyer

Patsy Tankersley

Linda Welsh

Impact Austin, P.O. Box 28148, Austin, TX 78755  |  contact@impactaustin.org  |  Tel: 512-553-6083  |  Join our mailing list!

© 2020 by Impact Austin Foundation

 Impact Austin Foundation is incorporated in the state of Texas and is a nonprofit organization exempt from federal taxes under U.S. Internal Revenue Code 501(c)(3). Contributions are tax deductible.