MCLP Endowment Fund: Perpetual Sustainability

Remember when you began thinking about your future? The Multicultural Leadership Program (MCLP) is thinking about its future and needs your help to sustain the program.

For the past four years, community support meant MCLP successfully graduated almost 100 servant leaders. It is time to think about a sustainable future. To keep MCLP going for years to come, an MCLP endowment was established for long-term financial stability. Our endowment fund was announced at the MCLP graduation celebration last April.  We gratefully report that over $20,000 in gifts and pledges were received within a month of that announcement.

What is the MCLP Endowment Fund?

  • The MCLP Endowment Fund is a general endowment fund supported by charitable gifts.
  • The fund is invested and managed to provide a sustainable income stream to MCLP, maintaining the gift’s purchasing power in perpetuity.

Why was this endowment established?

  • The fund was established to continue the good work of MCLP: developing diverse leaders to serve and meet community needs.

How does it work?

  • MCLP has partnered with the Illinois Prairie Community Foundation (IPCF), an organization with 15 years experience managing endowment portfolios.
  • $50,000 in donations over the past four years launched the endowment; MCLP hopes to match that with another $50,000 of gifts before March, 2014.
  • The total amount will be announced at MCLP’s 5th graduation on April 5, 2014.

All MCLP endowment gifts are welcomed

  • Individual donors contributing $1,000 or more are recognized as Founding Members.
  • Corporate donors contributing $5,000 or more are recognized as Founding Members.
  • All Founding Members will be listed permanently on the MCLP website and in future graduation programs.
  • All amounts are welcomed and tax deductible.

Endowment gifts can be mailed to:

Illinois Prairie Community Foundation
Attn. MCLP Endowment Fund
2401 E. Washington, Suite 300B
Bloomington, IL 61704

Make checks payable to IPCF-MCLP.

  • Please cite “Multicultural Leadership Program Endowment Fund” on the check.

You may also endow online at www.bn-mclp.org.

Your support will ensure the development of many more diverse leaders for the vitality of our community.