Donations from friends like you, account for more than 33% of our total income each year and supports our operation of The Wilson House. Your generosity helps The Wilson House continues to offer warm hospitality and a welcoming atmosphere for those in recovery. All are welcome here with open arms and a deep belief in fellowship, acceptance, and support. Please help us to continue to operate The Wilson House by making a gift to our Annual Fund.
Please be as generous as you can and donate today!
The Wilson House is a 501(c) (3) non-profit organization. Donations are tax deductible to the extent allowable under the law. No goods or services have been provided for this contribution.
What is the Wilson House Annual Fund?
The Wilson House Annual Fund is our lifeblood. Every year, people like you provide the resources that allow us to meet minimum maintenance on the house built in 1852, constantly deliver inspiring seminar programs, enhance the guest experience with fellowship and hospitality and, with luck, finish the year in the black.
A successful Annual Fund campaign will provide staying power for The Wilson House as we continue our work, day-after-day throughout the year. It keeps our doors open and our coffee hot to welcome home the thousands of guests who visit each year.
What is the Wilson House Endowment Fund?
In order to maintain, preserve and protect this sacred space we all know and love, The Wilson House Endowment Fund has recently been created for this specific purpose. With a gift of $95,000 from the estate of a supporter, along with an outright gift of $27,000 and a $10,000 pledge, the board of directors has established the fund for the preservation, restoration, and ongoing maintenance of The Wilson House and the Griffith Library. With $133,000 effectively in hand and more pledged, our initial fund-raising goal is an ambitious $2 million.
Why is an endowment fund important?
An endowment fund will ensure there will always be sufficient funds available so that The Wilson House and the Griffith Library can be maintained properly in perpetuity.
How does an endowment fund work?
An endowment fund uses the interest and income from investments made with the corpus of the fund. A reasonably conservative investment will generate a return of about 6% – 8%. Annually, 4% is withdrawn from the fund and the remainder is then conserved and continues to grow. The following is an illustration of how this works.
For example:
A gift of $10,000 will generate $400 per year ($10,000 x 4%)
A gift of $100,000 will generate $4,000 per year ($100,000 x 4%)
A gift of $1,000,000 will generate $40,000 per year ($1,000,000 x 4%)
How does supporting an endowment fund differ from Annual Fund support?
An endowment fund differs from an annual fund in its vision and purpose. While your gift to the annual fund is critical to the operations of The Wilson House (staff salaries, food, beverage, housekeeping, linens, program expenses, etc.), the endowment fund supports the long-term maintenance needs of The Wilson House and the Griffith Library. Think of it as a savings account for the future, addressing all of the issues associated with the aging properties. And both types of support are extremely important – first, to help cover the annual operational expenses, and second, ensuring the buildings remain in good repair.
Support of the Endowment Fund can be made through a direct gift or you may wish to consider a planned gift by including The Wilson House Endowment Fund in your estate plans. For more information please contact:
Kimberly Norman, Executive Director
Phone: 802-362-5524
Email: berta@wilsonhouse.org
The Wilson House is a 501(c) (3) non-profit organization. Donations are tax deductible to the extent allowable under the law. No goods or services have been provided for this contribution.