The CBF operates by nurturing, through sound investment policy, the primary endowment amassed from the gifts of all CBF members. It is the interest and other earnings of this endowment that constitute annual grants from the CBF.
The CBF does, however, recognize significant gifts that can be used for a particular purpose. With a gift of over $25,000, the Foundation will establish an ongoing endowment fund to be used to fund a particular cause in furtherance of the Foundations’ goals in your name. The contributed funds will be placed in the general funds of the Foundation, but a specific accounting will be made for an Endowment such that the corpus of the contribution will remain to fund the Endowment, but any earned funds will be used in perpetuity to fund the specific Endowment.
These named funds offer ways for friends, family members, neighbors, colleagues, foundations or law firms to commemorate special individuals, such as a colleague in our legal community or an individual who has demonstrated exceptional dedication to expanding access to justice.
Individuals and families or other groups may combine gifts made over time to meet the minimum amount. Once a named fund is established, gifts may be designated to the fund at any time. Families and friends may choose to let others know that the fund has been established and invite others to join them in support of this lasting tribute.
Generally, named funds support the Foundation’s Endowment or a broad organizational priority. However, funds may be directed to a mutually agreed upon specific purpose that fits within the Bar Foundation’s mission and organizational goals. However, funds may be directed to a mutually agreed upon specific purpose that fits within the Bar Foundation’s mission and organizational goals.