Dean Dillon Endowment
Gunnison TETWP is establishing the Dean Dillon TETWP Endowment Fund in 2022 with the Community First Foundation to start the process of ensuring the long-term future of the organization and programs. The initial contribution from TETWP will be $100,000.
The reasons for establishing the Endowment:
- One of Dean’s wishes from the start has been to start an endowment for long-term planning and legacy purposes. This would honor that wish.
- An endowment might be very attractive to some donors because of the potential for long-term, legacy impact gifts.
- In the short term, all interest and dividends from the endowment would be reinvested to grow the endowment.
- In the future, the Board and Finance Committee can identify specific TEWTP programs that can be funded from interest and dividends from the endowment.