Endowment Funds
Endowment funds are an important financial resource for Coleman Foundation. They provide assistance for people with mental and behavioral health problems. Some are designed to help in a specific area such as suicide prevention, others, such as the Peterson Endowment, address more general need for behavioral health services. All of the endowments need contributions to build the fund to reach its target funding level. Contributions in any amount can be directed to any of these funds.
All Coleman Foundation endowment funds retain the principal contributions in investments that conform to the investment policy approved by the Board of Trustees. The spending policy allows for approximately five percent of the value of each fund to be used annually for the targeted needs of the endowment.
Coleman Foundation Endowments
Endowment funds are an important financial resource for Coleman Foundation. They provide assistance for people with mental and behavioral health problems. Some are designed to help in a specific area such as suicide prevention, others, such as the Peterson Endowment, address more general need for behavioral health services. All of the endowments need contributions to build the fund to reach its target funding level. Contributions in any amount can be directed to any of these funds.
All Coleman Foundation endowment funds retain the principal contributions in investments that conform to the investment policy approved by the Board of Trustees. The spending policy allows for approximately five percent of the value of each fund to be used annually for the targeted needs of the endowment.
Coleman Foundation Endowments
- Mangin Endowment supports Coleman Adult Day Services clients with specific needs
- Tom and Mimi Freeman Family Endowment for Uninsured helps the uninsured access mental health resources
- Blemaster Goldberg Endowment for Personal Assistance Grants provides funding for direct grants to clients
- Suicide Prevention Endowment funds training for mental health professionals to prevent suicide
- Williams Children’s Services Endowment funds pediatric counseling programs
- Triangle Pharmacy Drug Assistance Endowment for Children & Families
- Terry Lee Fuller Child Psychiatry Endowment funds vital pediatric psychiatric services
- Grace McElhone Endowment funds personal, social and vocational rehabilitation programs
- Bill and Arlene Burns Residential Endowment funds critical housing needs
- GAR Foundation Endowment supports healthcare costs for clients who do not have the necessary resources
- Adult Day Services Endowment supports care for older adults with diminished capabilities
- Peterson Unrestricted Endowment funds new treatments and therapies
