By building a solid base of endowment funding, museums like the Institute are better protected from the economic swings that can impact annual gifts and membership revenues from individuals and corporations. Because the endowment funds are invested rather than spent, investment earnings from endowments can fund specific programs, be designated for positions such as the Museum Director or Curator, provide building maintenance or support the general operation of the Institute.
The Institute offers a vast array of opportunities for endowment in additional to general support including director, curator, and educator positions, designated spaces as well as named programs for families, children, seniors and underserved audiences.
Contact us to learn more about making an endowment gift.
Cranbrook recently announced the official completion of its first Comprehensive Campaign which surpassed the goal of $150 million -- completing the Campaign at $181 million one year early.