Professionally Managed!
Organizations like James Millikin Homestead, Inc. prefer to have endowment funds at Community Foundations like Heart of Illinois because they are assured that gifts will be monitored by objective, well-established professionals who understand how to steward, protect, and manage substantial gifts. Creating a fund provides access to a large investment pool that includes asset classes not otherwise available to small or medium organizations. This also means that investment fees will be lower than you might find if gifts were managed independently.

Donors are eager to make substantial gifts through the Heart of Illinois Community Foundation because of their expertise in accepting complex gifts. Most donors who make endowment gifts make those gifts from large assets that may be complex in nature. The Heart of Illinois staff collaborate with donors and their professional advisors to ensure that unusual gifts such as closely held stock, real estate, life insurance, or planned gifts are transferred appropriately to benefit their designated organization. Community Foundations follow essential policies for investment practices, monitors its investment portfolio, and adheres to all state and federal guidelines for prudent investment of institutional funds, including the Uniform Prudent Management of Institutional Funds Act.