Funds

For All Time: Phase 2

Pledge

We invite you to play a significant part in shaping the future of the NAWCC, by starting for the first time or continuing to support the For All Time Endowment and Capital Campaign.

The NAWCC’s endowment is a perpetual source of financial support for our horological community and our mission. It is our goal that one day the endowment’s interest payments will become the largest source of revenue supporting the NAWCC’s operating budget.

The first phase of our Campaign was a success with more than $7.5 million raised, putting the NAWCC closer to the total goal of $40 million needed to ensure the ongoing presence of the Museum and Library, educate future generations, and enhance an already extraordinary community. Generous donations funded the fledgling Museum, Library, Education, and NAWCC Endowment Funds and helped with much-needed capital improvements. The annual available interest earnings distribution from these endowment funds has started to and will continue to support the activities that make the NAWCC the world leader, educator, and advocate for horology and for everyone who is interested in timepieces and horological issues.

Phase 2 is now underway with a goal to raise an additional $8 million, to accumulate a total of $15.5 million in the Endowment Funds, by the 80th Anniversary of the NAWCC in June 2023. It includes opportunities to continue to donate to the established endowment funds and support specific endowed positions/projects.

$8,000,000

%

Phase 2 – Goal

$8,000,000

Phase 1 – Completed

$7,500,000

Funding Goals

FundGoalEndowment Status
National Watch & Clock Museum Museum Endowment$950,000 * Endowed
Museum Director Endowment$2,500,000 ** Not Endowed
Library & Research Center Library Endowment
           
$950,000 * Endowed
Digital Archivist Endowment $1,000,000 Not Endowed**
Education Education Endowment
$950,000 Endowed*
Fred Tischler Online Workshop Endowment $500,000 Not Endowed**
NAWCCGeneral Endowment $950,000Endowed*
Capital ProjectsMuseum Collections Care Facility$200,000 Not Endowed**

* Endowed
The goals represent the funding needed for each existing endowment fund to generate an additional yearly estimated $47,500 in annual earning interest distribution to pay general operating expenses within each area.

** Not Endowed
The goals represent the funding needed for each specific endowment fund to generate the annual earnings interest distribution each year to pay the expenses for the specific position, or program designated.

Funds In Need Of Endowment

Fred Tischler Online Workshop Program Endowment

Digital Archivist Endowed Position

Museum Director Endowed Position

Endowed Funds

Museum Endowment Fund

Provide ongoing support for the Museum’s exhibits, collections, and staff that enable creative leadership in promoting the exploration of the mysteries of time and horology to an ever-growing audience through a higher level of programs and performance.

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$4304

32%

Library Endowment Fund

Provide ongoing support for the development and use of new technologies that increase access to the NAWCC’s comprehensive resources and disseminate knowledge throughout the international community.

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$4304

32%

Education Endowment Fund

Provide ongoing support for the design, development, and implementation of high-quality educational programs to share relevant knowledge from experts in every aspect of horology and to expand our outreach to students, enthusiasts, and professionals.

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$4304

32%

NAWCC Endowment Fund

For the creation of a long-term, stable, and predictable source of funding that allows the NAWCC to focus on innovation, develop technologies, and ensure the delivery of high-quality programs and services.

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$4304

32%

Capital Projects

Museum Storage Project

The NAWCC is seeking funding for a collections care and storage facility. This facility will enable the NAWCC to provide a flexible museum and archive-quality storage solution, increase the Museum’s ability to continue to acquire important objects and collections, ensure the safe and secure storage of the entire Museum collection (including items not on exhibit), increase collection visibility to our visitors, and permit the closer examination of objects under the direct supervision of the Museum Curator.

Learn More About Ways To Give

$4304

32%

Ways To Give

Cash

NAWCC gratefully accepts gifts in the form of cash, check, credit card, EFT, and wire transfer.

In Kind/Tangible Personal Property

Donations may be sold, with proceeds used toward the campaign or utilized in NAWCC operations to reduce budget expenses. Such donations must be in accordance with IRS rules and the NAWCC Gift Acceptance Policy.

Closely Held Stock

Such gifts must be approved by the NAWCC Board prior to acceptance.

Other Property

Non-cash property such as mortgages, notes, patents, copyrights, etc., will be accepted on a case-by-case basis.

Grants

Whether from private foundations or public entities, grant income is accepted toward the campaign.

Publicly Traded Securities

Gifts of appreciated stocks are a great way to avoid capital gains tax. You are credited with the average of the high and low quoted selling price on the date the donor relinquishes control. Please complete a Stock Transfer Form.

Insurance Policies

By either donating a life insurance policy outright or naming NAWCC as beneficiary, you can provide a large gift that can provide a lasting legacy. Charitable riders on cash value insurance policies can also be used to make a gift.

Real Estate

Such gifts must be reviewed by the Board officers on a case-by-case basis.

Gifts of Horological Items

Such gifts are subject to review on a case-by-case basis. Any such gifts must have a use related to the NAWCC purpose and benefit the NAWCC as an object of cultural value. Donors are expected to obtain their own qualified appraisal of the donated object and to support transportation of the item to Columbia, PA.

Individual Retirement Accounts (IRA) Rollover

Up to $100,000 may be transferred directly from your IRA, yielding tax advantages if you are age 70½ or older.