Break Diving, Inc. is proud to have launched a semi-permanent endowment. What does that mean? It means that we have opened an investment brokerage account (currently with David Lerner & Associates) that in time, will kick off interest and dividend income each month that will allow us to have a regular source of income to keep our charity running.
Consider this: when someone makes a one-time donation that is entirely used for one expense, the money only does one good deed. But if the money is added to an endowment, and that endowment receives interest off of the principal, then that original donation does good deeds every single year by kicking off interest income! Cool, right?
For example, Harvard University has an endowment as well, and theirs is in the hundreds of millions of dollars. As a result, it kicks off hundreds of thousands of dollars every month that Harvard can use for good causes. The best part: most of that money was donated multiple decades ago! In other words, an investment into the Break Diving endowment... will live on. Forever. Isn't that fascinating?
Well, Break Diving is going to be around for a long while too. So we've started our OWN endowment, with the mission of getting to $1,000,000 by the year 2025. Currently, a $25 endowment donation = $10 to the endowment and $15 to current operations; $50 = $25 to endowment and $25 to current operations; and $100 = $75 to endowment and $25 to current operations.
Right now, our aim is to reach $5,000 so that we can start receiving regular monthly income of about $20/month. That $20/month would pay for our GoToMeeting classroom... forever. Once we get to $10,000, we'll be making about $50/month in passive investment income, and then our monthly Pipedrive expenses will be covered as well... forever. See how this works? We are trying to work smarter, not harder.
Will you help us fund our endowment, and help keep us offering our positive career and life growth services to people around the world? The more money we have in the endowment means the less time we have to spend trying to raise money... because the endowment will eventually pay our monthly expenses. Ahhh, that'll be a great day!