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Endowment Essentials for Museums
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Description
A stable and well-managed endowment can be the key to a museum’s financial strength. But how do you establish and maintain an endowment that is right for your organization and its future? With easily accessible language and case studies of real museums to illuminate major points, Endowment Essentials for Museums provides guidance on the establishment and oversight of endowments, including how to:
Plan for and build an endowment fundCreate opportunities to grow the endowment through fundraising and investment managementIncorporate endowment management into institutional planningFoster transparency and shared knowledge about endowments between staff, trustees, and community membersEvaluate and modify endowments accurately and according to best practices.Attending to endowment management at all stages, incorporating references from across the nonprofit spectrum, and designed to resonate with readers from a variety of backgrounds, Endowment Essentials for Museums invites forward-thinking museum professionals, trustees, and volunteers to enhance their knowledge about the endowments and the integral role it plays in the health of your museum.
Table of Contents
Acknowledgments
Chapter One: Start on the Right Foot: Understanding the Basics of the Endowment
Chapter Two: A Head for Business: The Endowment and Operations
Chapter Three: A Strong Backbone: Institutional Planning and Endowments
Chapter Four: The Outstretched Hand: The Role of Endowments in Fundraising
Chapter Five: The Public Face: The Endowment and Financial Transparency
Chapter Six: Final Thoughts
Glossary
Index
About the Author
Product details
Published | 27 Jun 2022 |
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Format | Ebook (PDF) |
Edition | 1st |
Extent | 128 |
ISBN | 9798216254355 |
Imprint | Rowman & Littlefield Publishers |
Illustrations | 23 b/w photos |
Series | American Association for State and Local History |
Publisher | Bloomsbury Publishing |
About the contributors
Reviews
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An accessible and useful tool to understanding a vast and complicated topic, Beaulieu’s book creates opportunities for professionals, trustees, donors, and the public to navigate the intricacies of endowments on common ground. Replete with a technical glossary and case-based examples, it’s a must-read for today’s leaders.
Tom Loughman, co-chair of the United States National Committee of the International Council of Museums (ICOM-US)