DailyProgress.com | Vision Fund allows gifts to go forever: "The foundation, which was established 37 years ago, already is so successful at administering gifts that its current overhead costs are a low 1.5 percent.
But with a new endowment drive launched last month, the foundation is going to accomplish what few such charitable organizations have been able to: a way to build funds in perpetuity to benefit the community without overhead costs eating into any gift.
The new endowment - called the Vision Fund - is more than halfway to its $8 million goal."
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