The Fund

How the Forever Fund works

The HFA-BCMF Forever Fund is an endowment fund. All donations are invested instead of being directly granted to HFA-BCMF, and every dollar donated goes straight to work. Each year, 5% of the fund is given to HFA-BCMF, while the rest remains to continue growing. Because diversified investments have historically averaged more than 5% growth over the long run, the fund can make that grant year after year while the pool itself keeps increasing, which means the grants tend to grow too. It's the same model that universities and hospital foundations use to fund themselves permanently.

A $1,000 gift creates roughly a $50 grant in its first year. Two decades later, that same gift should have generated at least $1,000 for HFA-BCMF while the original donation remains fully intact and continues to generate funds every single year.