Your endowment gift to Goldie B. Floberg Center today carries your legacy into our future. Your endowment donation will immediately go to work as it is invested alongside the funds of other legacy donors like you. Goldie B. Floberg may use a portion of the annual income from the investment to fund immediate program-related expenses. The remainder of the annual income is reinvested to ensure the future of this important resource.
Goldie B. Floberg Investment Endowment
The Goldie B. Floberg Investment Endowment is another option for donors interested in investing in the future of the Center. This quasi endowment is funded through assets earmarked and directed to investment by the governing board or donor designation. The intention is to not expend the principal or earnings of the Investment Endowment, but allow for more flexibility for emergencies or special opportunities. The biggest principal of a quasi endowment may be accessed according to the bylaws of the organization. The funds of this endowment may only be withdrawn by approval of a two-third vote of the governing board.
If you are considering a gift of endowment, today or as a legacy gift in your estate plan, and would like to learn more about either of these funds, please contact John Pingo, Director of Fund Development.
Goldie B. Floberg Center
58 W. Rockton Road
Rockton, IL 61072