The DAN Endowment is designed to ensure continuous support of DAN's Mission for today and for the future. Your gift is added to the principal, or corpus, of the fund and never spent. The corpus is invested conservatively, generating income for DAN as designated, either unrestricted or in support of a specific fund. A portion of the income is reinvested to ensure stable, long-term growth of the endowment. The remaining portion of the income is then used to support DAN as designated.
Gifts of all amounts are accepted to the DAN Endowment, and each can be designated as an unrestricted gift or as a gift to support research. A named fund under the DAN Endowment may be established with a minimum gift of $10,000 and can be set up to support endowed unrestricted funding or endowed research funding. Please contact DAN directly, or call us at +1-919-684-2948 ext. 611 if you wish to set up this type of gift.
Endowment funds currently established at DAN:
The Peter B. Bennett Endowed Research Fund
This fund honors the contributions of Peter B. Bennett, Ph.D., D.Sc., founder, president and chief executive officer of Divers Alert Network from its beginning in 1980 to his retirement on June 30, 2003. Dr. Bennett served DAN for 23 years, providing guidance and leadership. During his tenure, DAN became the world's largest nonprofit international member organization dedicated to dive safety.
The Peter B. Bennett Endowed Research Fund was established to provide support for research initiatives conducted by and in conjunction with DAN Research. Available income from the fund is used to support these research initiatives in support of dive safety.
The Michael J. Norwood Memorial Research Fund
Michael Norwood was an avid diver who never tired of the scuba diving experience and enjoyed every opportunity he found to explore the underwater world. He believed part of that exploration included expanding our knowledge of diving health and safety.
On Dec. 6, 2003, Michael met an early death while scuba diving in Palau, filming an episode of the History Channel program Deep Sea Detectives, of which he was the co-host.
Named in memory of Michael, the Michael J. Norwood Memorial Research Fund provides DAN with funding for research initiatives conducted by DAN Research.
Give to the DAN Endowment today.