Endowment Fund and Commemorative Fund

The Junior League of Tampa’s Endowment Fund began eight years ago, with the vision to preserve the lasting legacy of our lifelong members. For over 90 years, our members have worked tirelessly to build better communities in Tampa Bay. The Endowment Fund helps preserve their legacy by being a cushion during times of economic uncertainty as well as a catalyst in times of prosperity.

As of June 2018 the market value of The Fund was $597,801. The Junior League of Tampa is proud of the wonderful legacy it holds within the Tampa Bay community. We believe The Fund will be an integral part of ensuring our legacy thrives through future generations.

How to Give

Cash Contributions may be made by credit card online or by sending a check to The Junior League of Tampa Headquarters. If mailing a check, please complete an Endowment Fund Donor Form. Make checks payable to The Junior League of Tampa with the designation ‘Endowment Fund’.

Pledges for current and future donations are welcome and can be spread out over time. Pledges over $1,000 may be paid out over 3 years and $250 to $999 can be paid over the period of a year to be completed by June 30th, the end of our fiscal year. Donors must specify in writing the total pledge amount and how often payments will be made. Pledges can be made through the Endowment Fund Donor Form.

Securities, stocks and bonds may be donated on behalf of The Fund through the CFTB or directly to The Junior League of Tampa. Contact the Endowment Chair for more information.

Charitable Gift Annuities allow a donor to transfer assets to a charity and recognize an immediate tax deduction, and, in return, the charity promises to pay a specified annual (or semi-annual) amount back to the donor for the rest of his or her life, transferring the balance to the charity upon the donor’s death. The amount of the tax deduction is determined on an individual basis after taking into account the age of the donor and the amount of the annual payment. Contact the Endowment Chair for more information.

Commemorative Gifts

The Commemorative Fund was established to recognize significant events in the lives of Junior League members. It is a way to let a fellow League member know you are joining in their celebration or thinking of them in a time of sorrow.

Commemorative donations can be made online or by sending a check to The Junior League of Tampa Headquarters. Gifts will be recognized in The Sandspur, the League’s quarterly magazine.

All donations made through the Commemorative Gift Program supports The Junior League of Tampa Endowment Fund.

Management of The Fund

The Endowment Fund is invested and managed by leading industry experts through the Community Foundation of Tampa Bay (CFTB). The Fund is managed according to the CFTB’s current asset allocation model, which is comprised of 70% equities and 30% fixed income with a diversified allocation. In return, JLT pay CFTB an annual fee equal to 1% of fund assets.

Since meeting our initial endowment goal of $500,000, the League is developing policy for future use of the funds. The Executive Board and Endowment Committee are researching plans to further our Mission through the annual income earned.