The entire team at ACF understands that we are stewards of donors' funds. From our annual operating budget to investment strategies and spending policies, we remain focused on protecting donors' dollars and helping donors help our communities for many years to come.
Financial practices are in place to ensure we operate at the highest possible standards for nonprofits. Feel free to review our audited financials and 990s, or our investment policies.
Our Board of Directors has set a spending rate for endowed funds of 4.25% annually, based on an estimated annual rate return of 8%, averaged over several years. Contact us if you would like further information about how spendable amounts are set for endowments.