A number of our established endowment fund sponsors have established a Capital Fund to support a major multi-year capital project such as a new or renovated clubhouse or field facility. Previously, endowment funds would split their incoming donations to the endowment component of their Fund and a capital component, however, the different terms of the two types of activity have increasingly led to separate Funds. The key distinctions are that the total assets in a Capital Fund are intended to be withdrawn to pay for the project expenditures, and because of that, these funds are not eligible for the Foundation’s matching contributions. Because these Funds come and go as the projects are completed, the following list fluctuates. The current Capital Funds are listed below: