The funds are held and invested to generate income. While both earnings and invested funds may be used, it is anticipated that the funds will grow, providing the Society benefits far into the future. The funds of the Foundation are managed by its Board of Directors in cooperation with professional investment personnel, to generate strong current returns in secure investment vehicles which are balanced with long-term growth. Types of Funds Donors have a wide variety of objectives. To accommodate these interests the Foundation offers a wide variety of funds that can be established.
All funds are open-ended.
A donor may start a fund and at any time after that, make additional contributions to that fund. Unrestricted Endowment Unrestricted funds are encouraged and are used to meet the ever-expanding goals of the Foundation. A core endowment fund will be the recipient of these gifts. Restricted Endowment Restricted Funds may be limited by the donor to particular fields of charitable interest such as the Society's awards, library support through donation of the Society's journal to third world institutions, etc. A memorial fund can be established to honor a deceased family member, friend, noted Society member, or other person.