The Leadership Experience believes in the power of community to cultivate and amplify generosity. We’re excited to introduce the LX Endowment to enable people to give together better.
The LX Endowment offers a powerful way to mobilize our community by creating a tax-deductible fund that seamlessly pools charitable capital, enabling us to make impactful grants to LX for general operating purposes into perpetuity.
How It Works
The AV Foundation invests the principal of the LX Endowment (the accumulated donations) in a diversified portfolio, aiming to grow the principal while generating income through interest, dividends, or capital gains.
The income generated from the LX Endowment’s investments supports the general operating budget of The Leadership Experience. This income is distributed annually, with a spending policy set at 5% of the endowment’s value, based on a three-year trailing average as of December 31. Any remaining earnings are reinvested to help maintain or grow the endowment’s principal.
The LX Endowment is structured to provide a perpetual source of funding, ensuring long-term support and stability for its purpose as long as the principal remains intact and continues to generate income.
If the needs of the LX community evolve or the original purpose becomes less relevant, the AV Foundation will collaborate with the LX Board to adjust the fund’s purpose, ensuring it meets current needs while honoring the donor’s original intent.
Learn More:
The LX Endowment is a collective giving tool that enables donors to pool their charitable capital for greater impact and lasting support of our LX Community. Managed as an endowed fund, it ensures the long-term sustainability of the Leadership Experience.
Sponsored by the AV Foundation as a Donor-Advised Fund (DAF), with the LX Board serving as the Donor-Advisor, the LX Endowment is established to preserve and strengthen this community’s vitality for generations to come.
Ways to Give
You can contribute through cash, stock (public or private), cryptocurrency, estate planning, or other assets such as real estate.
Our goal is to initially fund it with $3-$5M. The endowment would generate approximately $150,000 to $250,000 annually to support the Leadership Experience. Present day, this equates to fully funding an LX experience, e.g. LX San Diego 2025.
Generosity lies at the heart of LX. The LX Endowment enables each of its donors to collectively contribute and grow their individual gifts, yielding a much more profitable return for the organization. This funding model embodies the culture of LX. Additionally, this fund offers the organization multiple ways to collect non-ordinary donations.
Take the Next Step:
Schedule a call with Bryce or Brian
to learn more.