Honoring Our History. Sustaining our Service.
For over 90 years, The Junior League of Tampa has served as a leading organization committed to addressing the current, most pressing community issues of the time. Nine decades later, we are not wavering. In just the last six years, interest in League membership has grown to more than 1,900 members with record breaking provisional classes. Volunteer hours by our members exceeds 50,000 each year. Last year alone, the League put more than $430,000 back into the community through our projects focused on child welfare and education. Yet, the League’s commitment to the community is far from over, which is why we are continuing to grow Endowment Campaign.
Through our endowment campaign, we are expanding the ability of the League to make even greater investments in training women in voluntarism and leadership; serve the community through increased volunteer efforts focusing on education and child welfare; and deepening our impact through continued advocacy and policy efforts to have lasting community impact. Only together can we accomplish these goals.
Six years ago, we launched the Hike to a Half a Million Campaign to begin our endowment fund. This past year we kicked off another campaign in conjunction with The Junior League of Tampa’s 90th Year Anniversary called the 90th Endowment Campaign.The goal of our 90th Anniversary Campaign is to gain 90 new donors to our Endowment Fund bringing us closer to our initial endowment goal of $500,000. As a result of these two campaigns and investment income the endowment has grown to approximately $475,000 over the last six years.
A strong endowment fund will ensure a revenue stream that will augment, but not replace, annual fundraising revenue generated through individuals, events, grants, corporate sponsorships and membership dues. This will give us the opportunity to pursue exciting, new opportunities or deal with unforeseen circumstances without creating an additional financial hardship for The Junior League of Tampa or our members.
LEAVE YOUR LEGACY
Our lifelong members have created a lasting legacy within the Tampa Bay community. The Endowment Fund will help preserve this legacy by being a cushion during times of economic uncertainty as well as a catalyst in times of prosperity. Therefore, growing The Fund remains one of our top priorities for the foreseeable future. The Junior League of Tampa is proud of the wonderful legacy it holds within the Tampa Bay community and feels The Fund will be an integral part of ensuring that our legacy thrives through future generations.
WAYS TO GIVE
- Cash Contributions can be made by credit card online at www.jltampa.org or by sending a check to JLT headquarters, specifying ‘Endowment Fund’ on the check. Contributions may also be sent directly to the CFTB with a note specifying designation to the ‘JLT Endowment Fund’.
The Junior League of Tampa Community Foundation of Tampa Bay 87 Columbia Drive 550 North Reo Street, Suite 301 Tampa, Florida 33606 Tampa, Florida 33609
- Pledges for current and future donations are welcome and can be spread out over time. Pledges over $1,000 can be paid out over 5 years and $250 to $999 can be paid over the period of a year to be completed by June 30, 2018. The donor must specify in writing the total pledge amount and time period the payments will be made. Pledges can be made through the Endowment Fund Donor Form.
- Securities, stocks and bonds can be donated on behalf of The Fund through the CFTB or directly to The Junior League of Tampa.
- 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.
If you are interested in making The Fund a designated beneficiary of a charitable gift annuity, please contact Molly James, VP, Philanthropy, of the CFTB, at (813) 282-1975 for more information.
JLT ENDOWMENT FUND INVESTMENT AND ONGOING MANAGEMENT
As mentioned above, The Junior League of Tampa Endowment Fund is invested and managed by leading industry experts through the Community Foundation of Tampa Bay. 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, we pay CFTB an annual fee equal to 1% of fund assets. Representatives from the CFTB are readily available to discuss investment strategies and management with potential donors seeking more detailed information on our fund position.
Additionally, The Fund management is closely monitored by an internal Endowment Committee including The Junior League of Tampa President, President-Elect, immediate past-President, Treasurer, Assistant Treasurer, Community Advisory Board members, Endowment and Annual Campaign chairs, donors, and a few sustaining members. Once The Fund reaches its goal of $500,000, the Endowment Committee along with the League’s Board of Directors may recommend that the annual income earned through The Fund be used towards expenses that further the Mission of The Junior League of Tampa.