My Kind of Zoo
Endowment
A Great Zoo Demands a Rock-Solid Foundation
Endowment Goal: $35 million
A stronger endowment is the zoo’s single most important
philanthropic priority and the best way to fulfill the pledge to
keep the zoo free to all and a model for zoos everywhere. Each
time a pool of endowment funds is invested, it enriches an important
part of the zoo and releases operating funds that can support other
areas.
Why Endowment
Endowment is the Lifeblood of Every Great Cultural Institution
In 1995 the Lincoln Park Zoological Society signed a privatization
agreement with the Chicago Park District transferring fiscal responsibility
for Chicago’s free zoo to the Society. Despite its 135-year
history, Lincoln Park Zoo had little need of endowment prior to
privatization and has a short history of support for this critical
area. With philanthropic attention and a conservative spending
policy, the zoo’s endowment has grown from less than $1 million
to $8.4 million since 1993. Nonetheless, $8.4 million—less
than half the zoo’s annual operating budget—falls far
short of the balances reserved by the zoo’s peer institutions,
which maintain endowments three to five times the size of their
operating budgets and also have the great advantage of admission
fees to support them.
The cost of operating a world-class urban zoo rises annually and
will rise dramatically with each new naturalistic exhibit. Life
support and enrichment systems for the animals are sophisticated.
Maintenance of the naturalistic habitats and interactive learning
tools is costly. The charge to educate broadly and conserve wildlife
internationally must be met by employing and supporting professional
educators and scientists of the very highest caliber.
There has been no more critical time, and no more urgent priority,
than there is now in building Lincoln Park Zoo’s endowment.
Only endowment can guarantee that Chicago’s free zoo will
have the resources to remain free while realizing its potential
and the serious responsibility to delight and engage more than
three million visitors every year in learning about the natural
world.
What Endowment Can Do
Unrestricted endowment provides the financial base to ensure that
Lincoln Park Zoo can keep its pledge to remain free to everyone.
Exhibit endowments will enrich the lives and
care of animals and support projects that delight visitors.
Education and conservation endowments will ensure
that funds are available to expand existing initiatives and launch
new programs in these vitally important areas.
Curator and senior staff endowments will provide
the necessary prestige and permanent funding to attract and keep
talented scientists and other experts.
Grounds and facilities endowments will enable
the zoo to invest in its physical space, ensuring that paths, exhibits,
and buildings are accessible to all and making the zoo an even
more beautiful oasis in the city.
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