DAAL’S ENDOWMENT CONTINUES TO GROW
From a starting point of zero in July of 2010, the DAAL’s endowment fund has grown to a total of almost $54,000 as of May 2014. This total may not seem too impressive for large, well-connected archives such as are housed at major colleges and universities with full-time paid staff, but to a small, independent archive that functions with mainly volunteer labor, it is astonishing! This total was achieved primarily from four major memorials through family endowment funds:
- The Dagmar Vasby Endowment
- The Reverend Aster and Ruth Neve Family Endowment
- Deloris Hansen Bengtson Endowment
- C.I. “Jerry” Lund Endowment
Growing our endowment fund is essential for the long-term health of the DAAL. If, for example, we could build the fund up to $5 million, the interest accrued would more than cover our annual operating expenses.
If you have a family member you would like to memorialize in this way, please consider a donation to the DAAL endowment fund. You don’t have to have an endowment fund of your own—you can specify endowment on any contribution. These funds will always be held apart from our other income so that they have a chance to grow.