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EverTrue: The Mission-Based Culture that Internship Dreams Are Made Of

Not long ago, I had the chance to sit down with Brent Grinna for lunch while he told me how he’d been fundraising for his alma mater—Brown University—when he was struck with the need for a better way to connect with alumni. He had that epiphany three years ago, and now he is the successful CEO of EverTrue, the leader in linking alumni and schools.

That talk with Brent is characteristic of my internship at this startup: EverTrue walks the talk of its mission to build relationships. And everyone here is actually enormously generous with their energy and insight (despite the fact that on the EverTrue website they all appear to be 2-D robots). Connections are prioritized with an understanding that this work is more than just a job.

I also got my roots in EverTrue through Brown. Having only recently transferred to Brown and spent my previous summers traveling, I was in the thick of maintaining scattered communities. Skimming through the pages of internships on Brown’s wonderfully extensive job and internship board last March, EverTrue caught my eye. At first, admittedly, it was because “Ever True” is the title of Brown’s fight song (Coincidence? I think not).

But what made me apply to EverTrue was its mission. I was lucky enough to have my interest reciprocated; I only truly realized how lucky I was to have my spot at EverTrue when I walked in the first day and was thrust into this creative hotspot and open culture. I am now halfway through an internship that has helped me develop marketing skills, given me insight into startups, and provided so much more of an education than a coffee-running internship ever possibly could.

EverTrue is almost like a maturing young adult, towing the line between “graduated and responsible” and “cool and fun.” There’s a Ping Pong table in one corner, next to a TV that served both as a projector for meetings and a congregating spot for every World Cup game. Everyone and everything seems to double as professional and energetic.

This balance is what I want to create throughout my career—certainly a defining culture ever worth being true to.

Meet Emma’s fellow interns Jenna Buckle and Vince Kennedy!

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.

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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.
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