A Woman's Place Designated Fund

A Woman’s Place, Inc. (AWP) helps to aid victims of domestic violence, including physical and emotional abuse throughout Weld County. Like many nonprofits, it struggles to cover operating expenses. A former AWP board member offered to contribute a gift of appreciated stock, but A Woman’s Place did not have the ability or expertise to accept that type of gift. Former Interim Executive Director Eileen Connell said, “We simply didn’t have the sophistication to handle some kinds of donations. It was so frustrating to think about turning away a willing donor. The staff at the Community Foundation Serving Greeley and Weld County assisted us with the acceptance and sale of the stock and in establishing an endowment fund.” As a result of establishing this fund, the organization has added the ability to accept future large and complex gifts. Plus, it has now developed a permanent endowment, providing a regular stream of capital support for A Woman’s Place and leaving the management and reporting to the Community Foundation.

A Woman's Place Designated Fund