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Frequently Asked Questions
 What is it?
- The Ninety-Nines Endowment Fund is
established as a permanent investment income fund to provide future
financial support for The Ninety-Nines, Inc. Income from the Fund
is reinvested to build principle. When the principal reaches $1,000,000,
the International Board of Directors will allocate the annual income
earned by the principal for perpetuation and advancement of 99s' activities.
The principal, comprised of your donations, will remain intact.
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- What is the goal?
- The Ninety-Nines Endowment Fund has
a goal of raising $1,000,000.
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- Who manages the Fund?
- Five trustees have been elected by
the membership to supervise the affairs of the Fund. They are Carolyn
Van Newkirk (Chair), Judith
Bolkema-Tokar, Nancy
Aldrich, Barbara
Strachan and Gayl
Henze.
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- How will the monies be used?
- Once our goal is reached and only until
that time, the interest will be allocated to perpetuate The Ninety-Nines,
Inc. mission: to provide networking and scholarship opportunities
for women and aviation education in the community.
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- Can I donate stocks or other properties?
- Absolutely! Stocks, mutual fund shares
or real estate generally absolve the donor from paying capital gains
taxes. We accept these items graciously and we also have the resources
to arrange charitable gift annuities/remainder trusts/lead trusts.
Contact us today!
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- How can I contact you?
- Just complete the form below and click
on the SEND button at the bottom.
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Endowment
Fund |
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