FGNW Foundation’s Endowment Fund was invested using a cost averaging strategy to navigate the market volatility due to the pandemic. Long-term, the fund will provide a recurring source of revenue for the efforts of both FGNW and the Foundation.
“One of the most exciting things that’s coming out of the foundation is the endowment fund. We have a $1M endowment fund that has been invested in 2020. We’re doing it slowly over a 6-month period because of the market volatility due to the pandemic, but it will be a recurring source of funds, not just for the foundation but also for our marketing efforts for Florida’s Great Northwest”
—Jennifer Conoley, CEO
Florida’s Great Northwest is here to provide you the practical, on-the-ground resources and support you need for your business location/expansion project. From incentives to site selection to workforce development, we’ve got the expertise and connections to help your business be even more competitive with a Northwest Florida location.
