What is NAKA Endowment Fund:
 - A corpus fund amounting to $1 million raised from our own community and matching corporate donors (where available) for the konkani community of the US and Canada.

How  will NAKA Endowment be managed: 
 - This $1 million will be invested in low-fees S&P 500 Fund, which has typically returned about 6.25%. This will net us about $250,000 in gains every 4 years. 

How  will this $250,000 be used: 
 - A major portion of this $250,000 gain will be given to the Sammelan host committee as NAKA contribution to host Sammelan. Every Sammelan committee has spent a whole year to raise funds for hosting Sammelan. We believe this will significantly reduce Committee efforts to raise funds. Instead the host city committee will focus on hosting a wonderful Sammelan. 

Why should I contribute to NAKA Endowment Fund:
 - This is our contribution to an institution that will sustain our present and next generation. We owe it to ourselves to make this noble donation.

How much is expected from me, How much should I pay:
 - Suggested donation is $5,000. More than 25 konkani families nationwide have already donated making for a robust start. You can make this cause successful by donating a similar amount. A minimum donation of $2,500 is requested.

How can I pay into this fund and do I get a tax break:  - Thanks for considering this fund in your donation plans. Since NAKA is a 501c(3) IRS-approved organization, you can claim suitable tax deductions. Please consult your tax advisor for your specific situation.

May I contribute if I cannot be at $2,500 level:
 -  Any donation from members of konkani community of the US and Canada is welcome. We hope you will do your best to strengthen our community.