Operating Rules

Donation Options » Annual & Endowment Funds » Endowment Funds » Elias & Georgette Bedewi Memorial Fund

Introduction

Operating Rules

Financials

Major Donors

Impact

Donations are invested in this ETF Global X S&P 500 Covered Call ETF (XYLD) at our brokerage firm Wells Fargo.

Withdrawals from this fund will be used to support projects and services in Education, Health and Community Development. As the fund grows, formal selection criteria will be developed and a grants committee will be created to manage the fund and issue grants.

Besides the general rules of Endowment Funds, A maximum of 50% can be used in the year donations were made to meet urgent needs within the fund's purpose.