Sustainability
Creating an endowment may be an important strategy to set aside funds for the future, and can be a hallmark of financial sustainability.
In an environmental context, "sustainability" generally means finding a way to use resources in a manner that prevents their depletion.
As nonprofits consider strategies for the future, it is not unusual for a board or staff to explore the possibility of re-aligning resources, collaborating to increase efficiencies, or entering...
