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Governance

The management of the Overland Park Host Lions Club Endowment Fund is governed by its By-Laws, Investment Policies, and other objectives such as those listed below.

The Board of Trustees is very careful with the contributions that have been made to the Endowment Fund. Conservative investments have been made to limit risk to the Corpus account, the collective base of donations. It is a long term objective of the board to place 100% of the Corpus in guaranteed government secured investments. The Earnings account is placed in high quality growth and income producing investments.

Up to 50% of the previous year's earnings are made available for Charitable Awards each year. A minimum objective for annual Charitable Awards has also been established.

Contributions from the Endowment Fund to the Operations account are limited to a maximum of 10% of the previous year's earnings.

Wells Fargo Advisors provides financial advice to the Board of Trustees and investment services for management of the Endowment Fund.