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Not-for-profits, clubs and member organisations

Foundation and endowment financial model, built free.

A three-statement Excel model for a grant-making foundation or endowment, built from your own figures and checked to balance.

  • Free account
  • No card
  • Usually ready within the hour

We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more

The business

A private or public ancillary fund, community foundation, charitable trust or institutional endowment that invests a corpus and makes grants under a spending rule or statutory minimum distribution while aiming to preserve the corpus's real value.

See the sampleHow the model works

In short

  • 01

    Three linked statements

    Income statement, balance sheet and cash flow, linked in every period.

  • 02

    Valued two ways

    Discounted cash flow and trading multiples, side by side.

  • 03

    Monthly to annual

    Monthly, quarterly, half-yearly or annual periods, for up to 30 years.

  • 04

    Checked every period

    A Checks sheet shows the balance sheet balances and the cash reconciles.

The sample

The sample, as Excel draws it.

Built by the same system and checks as yours, on illustrative figures: every sheet as Excel draws it, or live.

Annual · 10 years · Low detail
Foundation and endowment sample model.xlsx
The Summary sheet of the sample foundation and endowment model

Illustrative figures: the sample describes no real business. The live preview shows values; your model’s Excel file has every formula.

How it works

How the model works for a foundation and endowment.

  1. How it earns revenue1 formula
    Revenue (top-down) · The business
    RevenueUnits soldAverage price
  2. What drives its costs1 formula
    Direct costs (top-down) · The business
    Cost of salesRevenuefrom statementsGross margin
What it covers

6 parts, each one tested.

Every part is a tested building block with its own checks: yours is put together from the ones your business needs.

  • CPI forecastConsensus curve with long-run anchor
  • Revenue (top-down)Price × volume
  • Direct costs (top-down)Gross margin %
  • Corporate costsFixed cost base indexed to CPI
  • Discounted cash flow valuationDCF on free cash flow to the firm
  • Multiples valuationEV / EBITDA multiple
Key numbers

The numbers it tracks.

  1. 01portfolio value
  2. 02total return
  3. 03spending rate
  4. 04grants paid
  5. 05real value against original corpus
  6. 06cost ratio
Used for

What it is used for.

Also used for
  • Scenarios and sensitivities
  • Closed-end fund, syndicate or trust
Related models

More in not-for-profits, clubs and member organisations.

Every not-for-profit and government model

Looking for a foundation and endowment financial model template? Ours arrives built for your business, with your figures in it.

See a finished model, sheet by sheet

The sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.