New 1:many cadences with automated emails, reusable templates, and more in Signal

DonorSearch identifies prospects in your database with the capacity and intent to give.

Missed the live session? Watch our on-demand webinars anytime to get guidance from industry experts.

DePauw’s EverTrue App Gives Student Unparalleled Value

Here at EverTrue, it’s our mission to build relationships. Everything we do is in pursuit of that goal—whether it’s helping our customers engage with their alumni or helping those alumni connect with each other. So we love hearing stories of our customers’ success with the EverTrue app!

And that success goes beyond adoption numbers. It extends to the apps’ users: the alumni, students, parents, and everyone else who is logging in and making meaningful connections.

DePauw University senior Rachel Hanebutt is one of those users who has directly and personally felt the impact of the EverTrue app. She’s felt the presence of the DePauw bond on campus and—thanks in great part to the app—off campus.

Whether using the map feature to locate alumni or simply checking the app’s News and Social feed to sidestep campus construction during the school year, Rachel believes that EverTrue is “helping the DePauw family grow more than in the past.” Because DePauw is located in a small rural Indiana town, she said, the app has been an integral way to stay in touch as alumni spread their wings and move away after graduation. It has helped keep the community together and preserve that special DePauw bond that Rachel already cherishes so much:

“I’ve never met a DePauw alum that didn’t scream, ‘DePauw!’ You kind of know that they’re from DePauw. The bond is a little bit different than most schools because we have some really weird traditions on campus. You can talk about those experiences and bond over them.”

And that’s just what she did. A Political Science and Education Studies major, Rachel scored an internship at the U.S. Department of Education in Washington, D.C. this summer. The internship was an experience she couldn’t pass up—but it also meant she needed to find a place to live in a city where she knew no one. With the help of the EverTrue app, however, she had no trouble making the arrangements. By reaching out to a D.C.-based DePauw alum directly through the app, she easily secured housing for the summer.

Now in D.C., Rachel has been using the app to build a community in her temporary summer home. With the app’s map and search functions, she has located and reached out to several DePauw alums in the area, including alumni of her sorority Alpha Chi Omega. Every week, she meets up for dinner or a social outing with DePauw alums whom she found through the app.

“I probably wouldn’t consider living somewhere until checking the EverTrue app to make sure fellow Tigers are nearby.”

It’s no surprise, then, that Rachel has become a vocal advocate for the EverTrue app, encouraging all of her DePauw peers to download and use it. “I think that more students should take advantage of EverTrue,” she said. “It’s a great resource, and I hope that more alumni start filling out their profiles.” 

*Courtesy of DePauw University*

Given the success that DePauw has had in growing its EverTrue community, it’s no surprise that its alumni and current students—like Rachel—have found the app to be an incredibly valuable space to network with each other.

Want to stay connected with your alumni while helping them build their personal networks? Find out how here.

 

Endowment Spending & Growth Calculator

Enter your fund's current value and adjust the return, spending, and inflation sliders to see how its value in today's dollars changes over time.

$
6.0%
0%12%
4.0%
2%7%
3.0%
0%8%
10
5 yrs25 yrs

Value in 10 years

$0

In today's dollars

$0

4. Continue to Steward Donors

Your relationship with the donors who give to your endowment doesn’t end when you secure their gifts. Because your endowment exists to make a difference in the long term, your supporters will want you to keep in touch about its progress. Ongoing stewardship means keeping donors updated about your endowment’s performance and impact. A report that strengthens your relationship with donors should cover:
  • The fund’s balance at the start and end of the year
  • Spending amounts and allocations
  • How the fund’s returns compare to your investment targets
  • A short narrative detailing the specific impacts the endowment achieved
Create a report for each endowment rather than sending an identical document to everyone. A donor who endowed a scholarship wants to hear about the students it supported, while a donor who endowed a building fund wants updates on construction projects.

5. Upgrade Your Endowment Management Tools

Your endowment management tools should make applying your spending policy across every fund easy. Investing in dedicated software is especially useful as your endowment grows. Handling unitization in spreadsheets might work for a few funds, but as you begin to manage dozens or hundreds of gifts, dedicated software can save your team time spent manually calculating gains and losses for each one.

Why Nonprofits Need Dedicated Endowment Management Software

Dedicated endowment software brings accuracy and consistency to every part of the management process, from tracking individual funds to improving security. See how these solutions compare to a spreadsheet-based approach: nfographic table outlining the information below.

How These Methods Compare:

In managing your endowment with traditional spreadsheets, you may see:
  • High administrative burden: Manual entry across disconnected systems
  • Limited security and audit footprints: Reduced version control and audit trail visibility
  • Difficulty with donor transparency: Spreadsheets provide only static data that is difficult to turn into custom results.
By using dedicated software, you are likely to find the following improvements:
  • Lower administrative burden: Automated fund tracking and calculated allocations
  • Enhanced security and audit footprint: Audit-ready reconciliation with clear tracking
  • Greater donor transparency: Connects with reporting platforms
Dedicated endowment management software keeps your organization compliant while freeing up the time your team once spent manually managing spreadsheets.

Secure Your Endowment with Balance by EverTrue

Effective endowment management begins with excellent accounting. Balance by EverTrue handles unitization, applies spending rules, and produces audit-ready reports, so your team can spend more time on the donor relationships that built the fund in the first place.
  • Turn your data into a clear picture of long-term impact. Combine accurate fund accounting with donor reporting that showcases impact.
  • Connect with the tools you already use. Pair Balance with Impact by EverTrue and ODDER by EverTrue to create and deliver compelling digital endowment reports that you can send to donors with ease.
  • Know where every fund stands in real time. Check market values, gift history, and available spending for any fund. Then, share view-only versions with your team, so everyone stays informed.
With Balance, your team can stop spending all your time on manual management and instead add balance to your endowment workflow.

Additional Resources

To learn more about managing your endowment and other ways that technology can help your organization, check out these additional resources: Less stress, higher endowment funds. Discover how Balance provides the organization, security, and accuracy your endowment needs. Request a demo.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x