The endowment’s financial structure follows the typical model for charities and other public institutions.
Its core holdings are invested in a conservative portfolio of financial instruments intended to preserve capital while generating a reliable flow of income. The endowment is held by a local bank and managed in a passive style; it is not a trading portfolio but rather preserves long-term value with moderate growth at low risk.
WEA must cover an annual budget for administration, including certain expenses that result from regulations on this kind of organization. The board so far has met those costs through fundraising activities, leaving the endowment itself to serve artistic ends.
The endowment fund is WEA’s legacy enriching the fabric of life in our communities. You can play a part. Donations and bequests are welcome.
WEA’s Charitable Organization Registration No. 86940 5563 RR0001