Junior League of Houston Community Endowment Facts
Goal: Ten million dollars is the goal of the Community Endowment. Currently, the Community Endowment is valued at approximately $12.7 million.
Oversight and Fund Management: The Junior League of Houston Foundation is responsible for the oversight and fund management of the endowment. The foundation board includes four community directors, three active League directors and two sustaining directors.
Time Frame: The initial kickoff of the Community Endowment campaign spanned three years (1999 – 2002). The League continues to raise funds in support of the Community Endowment on an ongoing basis.
Income Disbursement: Upon approval by the foundation's board, a portion of the earnings on the Community Endowment may be available to the Junior League of Houston each year to help sustain, expand and initiate League-designated Community Programs. In 2012 – 2013, the first gift from the endowment was made to the League's Community Program in the amount of $75,000.
Investment Strategy: The investment strategy of the Community Endowment is to emphasize total return; that is, the aggregate returns from capital appreciation and dividend and interest income.