What is the Hand In Hand Campaign?

Hand In Hand (HIH) is the fund raising initiative to fulfill the Funeral Service Foundation vision by creating a $5 million endowment. Over $4 million has been raised to date.

What does "endowment" mean?

The purpose of an endowment is to provide permanent funding to FSF programs. A donor makes a pledge or gives a gift and continues contributions until the fund is "fully funded."  Under the direction of the trustees, funds are invested to grow.  No grants can be made until pledges turn into gifts, and these gifts are completely collected and funds are 100% supported.

Once the fund is "fully funded," every year some growth is earmarked for grant-making purposes. With some exceptions, named funds support FSF causes specified by their donors.  In the meantime, the corpus of the endowed fund remains with compounding investment returns added.  

What does the term "pledge" mean?

A pledge is a voluntary, good faith intention of financial support. Though pledged funds have technically not yet been received, nonprofits, including the Funeral Service Foundation, are required by the Financial Accounting and Standards (FASB) to report pledges as a way to show all assets and resources.

Can I spread my pledge out over time?

Yes. Pledges may be paid over a period of up to 5 years.

Will I know how and where my Hand in Hand money will be used?

With gifts of $50,000 or more, donors may choose which FSF funding area they want their fund dedicated to.

Contributions of $24,999 or less will go to the General Endowment. No funds may be used for general operating expenses of the FSF unless expressly provided by the donor.

Who is in charge of the FSF?

The activities of the FSF are governed by an independent Board of Trustees consisting of up to 15 members comprised of nine licensed funeral directors (members of NFDA) and six representatives from allied professions serving the funeral industry. Trustees are chosen at the sole discretion of the FSF, according to the FSF by-laws. FSF is an independent subsidiary of NFDA and the board has the autonomy to be the voice of the funeral profession.