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Since its inception nearly 10 years ago, the DAN Endowment has sought to reach the million-dollar level; this year DAN reached that plateau.
DAN Chief Financial Officer Beth Hawkins said the Endowment received a jumpstart with a memorial gift and has grown over the years, thanks to donations from the fall and spring fundraisers, memorial gifts and allocated portions from the DAN online auction.
Dan Orr, DAN President and CEO, said the earnings from the DAN Endowment and the continued backing from DAN supporters will help promote the organization’s critical mission activities: medicine, research and education. “The strong support of the DAN Endowment is a shining example of our members’ desire to ensure the future of DAN and its mission,” Orr said.
The DAN Endowment is designed to ensure continuous support of the DAN Mission today and in the future. Gifts are added to the principle of the fund and never spent; the principle is invested prudently.
To ensure stable, long-term growth of the Endowment, a portion of the income is reinvested. The remaining portion of the income is then used to support DAN as designated.
Donors may designate gifts to The DAN Endowment as an unrestricted gift or as a gift to support research. Gifts of all amounts are accepted to the Endowment.
To read more about the Endowment, go to http://www.diversalertnetwork.org/news/article.asp?newsid=269 or
http://www.diversalertnetwork.org/development/designategift.asp.
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