Murphy Center Endowment
Invest Today, Change Tomorrow. Join Us as We Raise Funds for the Future!
In January 2018, after a successful December Community Campaign, we established the Murphy Center Endowment Fund with an opening deposit of $60,000! Thank you to all of our donors, stakeholders, and community for making that happen!
Why An Endowment Fund?
The Murphy Center has played a key role in our community since it was founded in 2009 and its vision remained the same today: provide a single location at which people facing homelessness can efficiently and effectively connect with an array service providers to help them survive through crisis, move forward into stability and regain their economic self sufficiency. The MC also offers programs and services designed to help people avoid homelessness.
When the goal of the Murphy Center and our community is reached–Making homelessness Rare, Short-Lived and Non-Recurring–the MC endowment will ensure that it will be sustainable far into the future, shifting it’s focus and concentration to preventing homelessness.
Today, the Murphy Center serves four key, community purposes: one-stop-shop resource center, core service provider, host of morning/day services and home to the newly-launched Housing First Initiative.
We cannot always predict the future, but we know that–year-over-year–resources are essential in carrying out our mission. An endowment ensures stability: it is a permanent fund that provides income each year to support a charitable cause. The word “endowment” simply means that your gift will be invested for the benefit of the organization — in this case, for the benefit of the Murphy Center. The earnings from these investments will be contributed to the Murphy Center every year and then used to fulfill the Murphy Center’s mission.
An endowment facilitates the strategic use of funds because it allows an organization to plan on its income from one year to the next (the fund will be professionally managed and will distribute a percentage of its funds to support ongoing needs of the Murphy Center). The endowment also presents an opportunity for donors who want to make legacy or planned gifts.
There are two ways to make your donation:
CLICK HERE . Make sure and note that you want the funds to go to the MC Endowment.
MAIL A CHECK to “Homeless Gear” at P.O. Box 873 Fort Collins, CO 80522-0873 and indicate MC Endowment Fund in the memo section of the check
Who Manages the MC Endowment Fund?
The Community Foundation of Northern Colorado CFNC is a nonprofit organization that manages and administers more than 470 charitable funds and approximately $104 million in assets.* Donations to the funds are tax deductible and grants from the funds are distributed to public charities, schools, and churches.
Since 1975, the Community Foundation has proudly served our region by promoting local philanthropy. We connect people with the causes they care about most, and through our annual grant and program distributions we play a key role in enhancing the extraordinary quality of life the Northern Colorado region offers its residents.
In partnership with generous donors and dedicated volunteers, the Foundation is working to ensure a bright future for Northern Colorado. Members of the Foundation’s Board of Trustees, Regional Development Council, and numerous committees represent the four primary communities we serve Fort Collins, Loveland, Berthoud and Estes Park. In addition, the Community Foundation is a respected convener and facilitator for important community conversations on topics ranging from water to homelessness.
With a solid foundation beneath us, we are excited to look to the future and establish a Murphy Center Endowment Fund. Please don’t hesitate to reach out with any questions.