City Club of Portland’s endowment funds represent faith in its future. Contributed by members and stewarded by the Oregon Community Foundation, they provide reliable annual support to City Club's operations. As a key to City Club's long-term fiscal stability, they help ensure that its work continues in perpetuity.
The General Endowment
Established in the 1950's, currently holds over $250,000. Annual distributions at 4.5% supplement City Club's annual fundraising and deliver a consistent amount to the overall operating budget.
The Research Endowment
Established in 2008, currently holds over $500,000. Annual distributions at 4.5% directly support the Club's research efforts. Over 100 members and friends, in memory of Ogden Beeman, former City Club president and champion of research, contributed the initial funds with a substantial match from his family.
These endowments grow over time, helped in part by members of the Legacy Society- those who have generously included City Club in their estate plans.
City Club's endowments are managed under policies adopted by the Club's Board of Governors, which guide their investment and spending. Since 1998 the Oregon Community Foundation (OCF) in its main long-term investment pool has held City Club’s endowment funds. The OCF board sets the annual distribution rate.
To make an endowment contribution, contact our Executive Director Mike Marshall, by email.