KAXE Endowment

If you are thinking of giving a sizeable financial contribution to KAXE, the endowment is a great way to do it! The purpose of the endowment is to fund "local programming."

All money contributed to KAXE's endowment is invested, so your contribution will work for the organization for many years. Profit generated by the endowment is a source of revenue we can count on, year after year.

The Grand Rapids Area Community Foundation (GRACF) manages the endowment that benefits KAXE. GRACF operates many investment funds on behalf of the community. The staff and board of GRACF are experienced money managers. They can accept and invest cash, bequests (wills), life insurance, retirement funds, charitable remainder trusts, charitable gift annuities, and more.

At our board's request, the money in Northern Community Radio's endowment has been invested in the socially responsible Franklin Templeton Fund. If you would like information about contributing to KAXE's endowment, call us at 218-326-1234.