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A stable and well-managed endowment can be the key to a museum's
financial strength. But how do you establish and maintain an
endowment that is right for your organization and its future? With
easily accessible language and case studies of real museums to
illuminate major points, Endowment Essentials for Museums provides
guidance on the establishment and oversight of endowments,
including how to: Plan for and build an endowment fund Create
opportunities to grow the endowment through fundraising and
investment management Incorporate endowment management into
institutional planning Foster transparency and shared knowledge
about endowments between staff, trustees, and community members
Evaluate and modify endowments accurately and according to best
practices. Attending to endowment management at all stages,
incorporating references from across the nonprofit spectrum, and
designed to resonate with readers from a variety of backgrounds,
Endowment Essentials for Museums invites forward-thinking museum
professionals, trustees, and volunteers to enhance their knowledge
about the endowments and the integral role it plays in the health
of your museum.
A stable and well-managed endowment can be the key to a museum's
financial strength. But how do you establish and maintain an
endowment that is right for your organization and its future? With
easily accessible language and case studies of real museums to
illuminate major points, Endowment Essentials for Museums provides
guidance on the establishment and oversight of endowments,
including how to: Plan for and build an endowment fund Create
opportunities to grow the endowment through fundraising and
investment management Incorporate endowment management into
institutional planning Foster transparency and shared knowledge
about endowments between staff, trustees, and community members
Evaluate and modify endowments accurately and according to best
practices. Attending to endowment management at all stages,
incorporating references from across the nonprofit spectrum, and
designed to resonate with readers from a variety of backgrounds,
Endowment Essentials for Museums invites forward-thinking museum
professionals, trustees, and volunteers to enhance their knowledge
about the endowments and the integral role it plays in the health
of your museum.
The first of its kind to offer a discussion of financial management
particular to historic house museums, this book is a vital resource
to preservationists, staff, volunteers, and board members of
historic houses. A reference tool that is accessible in approach
yet comprehensive in scope, this book takes you step by step
through securing and managing a historic house museum for years to
come. In straightforward language, utilizing case studies from
historic house museums, and providing sample documents to get you
started, Financial Fundamentals for Historic House Museums guides
you on how to: *Incorporate as a tax-exempt organization *Find
historic property designation options and successfully apply
*Understand contributed income opportunities and raise money
*Create sustainable earned income opportunities *Understand basic
accounting and financial planning to ensure the future of your
historic house museum.
The first of its kind to offer a discussion of financial management
particular to historic house museums, this book is a vital resource
to preservationists, staff, volunteers, and board members of
historic houses. A reference tool that is accessible in approach
yet comprehensive in scope, this book takes you step by step
through securing and managing a historic house museum for years to
come. In straightforward language, utilizing case studies from
historic house museums, and providing sample documents to get you
started, Financial Fundamentals for Historic House Museums guides
you on how to: *Incorporate as a tax-exempt organization *Find
historic property designation options and successfully apply
*Understand contributed income opportunities and raise money
*Create sustainable earned income opportunities *Understand basic
accounting and financial planning to ensure the future of your
historic house museum.
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