To provide perpetual funds for woodturning education...
Gifts will be broadly invested in a diversified portfolio to produce income to support woodturning education forever. The Memorial Endowment fund is managed by three trustees, appointed by the AAW Board of Directors.
The investment portfolio is designed and managed to generate sufficient income to allow the fund to grow, keep up with inflation, and make 5% available each year to provide woodturning education. The larger the endowment becomes, the more money that will be available for educational grants. Donations to the AAW Memorial Endowment are fully tax-deductible.
In 2008, the AAW Memorial Endowment issued a grant of $4,000 to the Lynwood High School to help them create a woodturning program. This grant allowed the school to purchase mini-lathes & tools and train the teacher to be better equipped to teach the students. This program will offer woodturning education to students for many years to come. This is an example of what your gift will be able to provide every year, forever.
If you would like to have your gift provide education benefits forever and if you believe in the AAW’s mission of providing woodturning education, you can give now or put a bequest in your will.
If you would like to make an immediate tax-deductible donation, mail your check or money order to:
"AAW Memorial Endowment Trust"
222 Landmark Center
75 5th Street W
St. Paul MN 55102
AAW is a Minnesota nonprofit 501(c)(3) organization and membership fees and product sales alone do not fully cover our expenses. As a result, we rely on the generous support of AAW donors for critical programmatic and operational support.
You can help advance the art and craft of woodturning globally by making a donation to AAW today. Your restricted tax-deductible donation in any amount will help us continue to provide opportunities to provide education, information, and organization to anyone interested in turning wood.