Smith CPAs & Associates

FREE WEBINAR:

Building Your First Endowment: What Every Nonprofit Should Know

Thursday, July 24, 2025 || 1:00 PM ET

Building Your First Endowment the Right Way

Your mission is built for the long haul. Your finances should be too. Endowments aren’t just for Ivy League schools or legacy foundations. They’re for organizations like yours. 

This free, 30-minute webinar will demystify what an endowment is, how to set one up, and what you need to know to manage it responsibly.

We’ll break down the different types of endowments, the legal and board responsibilities involved, and the key accounting practices you’ll need to follow. 

Whether you’re just beginning or looking for clarity on how endowments work, this session will help you build its financial foundation the right way — like planting a tree that grows with you. 

You'll learn about: 

  • What an endowment really is — and the different types your organization can establish 
  • Legal, financial, and board responsibilities you need to understand before getting started 
  • Common myths, misconceptions, and mistakes to avoid 
  • Key accounting practices and compliance requirements to ensure proper management 

 

Register Now!

About the Hosts

Chris Carey Headshot

Christopher Carey

Chris Carey is a Portfolio Manager specializing in custom portfolios for individuals and nonprofit organizations. With a deep understanding of financial markets and the nonprofit sector, he provides strategic guidance to help organizations achieve their financial goals.

Shaun Smith Headshot

Shaun Smith

Shaun Smith, CPA, is Managing Partner at Smith CPAs & Associates, specializing in nonprofits and service-based industries. With over a decade of experience in public accounting and financial advisory services, he leads with a focus on compliance, strategic tax planning, and personalized financial guidance.

Megan Lencoski Headshot-2

Megan Lencoski

Megan Lencoski, a Nonprofit Development Specialist with over 10 years in fundraising, has a proven track record of growing nonprofit revenue and impact. Her extensive leadership background provides practical insights to help organizations attract more gifts. 

About the Hosts

Headshot of Christopher Carey, Portfolio Manager for Nonprofits at Carnegie Investment Counsel.

Christopher Carey

Chris Carey is a Portfolio Manager specializing in custom portfolios for individuals and nonprofit organizations. With a deep understanding of financial markets and the nonprofit sector, he provides strategic guidance to help organizations achieve their financial goals.

Headshot of Megan Lencoski, Nonprofit Development Specialist at Carnegie Investment Counsel.

Megan Lencoski

Megan Lencoski, a Nonprofit Development Specialist with over 10 years in fundraising, has a proven track record of growing nonprofit revenue and impact. Her extensive leadership background provides practical insights to help organizations attract more gifts. 

Headshot of Mindy Mackey, Marketing Manager at Carnegie Investment Counsel.

Mindy Mackey

Mindy Mackey is a Marketing Manager specializing in nonprofit partnerships. With her extensive knowledge of the nonprofit sector, Mindy excels at forging strong relationships that enhance community well-being and drive impactful collaborations.

Building Your First Endowment The Right way 2

Creating an Endowment Doesn't Have to be Complicated

Creating your first endowment may feel daunting. But with the right guidance, it’s completely achievable for any-sized organization.

Join us to gain the knowledge, clarity, and tools you need to take the first step toward building long-term financial sustainability.

 

 

©2025 Carnegie Investment Counsel.

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