National OA Endowment

About the Endowment

About the Endowment

General Information

The National OA Endowment was formed more than 30 years ago as means for the Order to fund scholarships and special programs. In the early years the endowment was funded through the sale of credit card style Vigil Honor membership cards at national OA conferences.

From this humble beginning the endowment has grown into the primary funding source for all OA high adventure programs, Josh R. Sain Memorial Scholarships, National Scout Jamboree OA programs, and lodge service grants which support lodges in their effort to serve their local councils.

Management

The national Order of the Arrow committee oversees the annual program budget which is funded using the earnings from the National OA Endowment. The committee has entrusted, along with 26 councils, the management of this asset to BSA Asset Management (BSAAM). This is a very low cost option which allows for significant savings in management and trust fees, while having professional management of the funds. BSAAM has in excess of $53 million under management.

Growth & Value

Since 2012 the National OA Endowment has seen its value increase by $2,078,669 through new gifts and positive change in market value. As of May of 2015 the National OA Endowment has assets of $6,222,619, excluding gifts designated in the estate planning of the members of the Goodman Society.

Support

During the past three years, the National OA Endowment has supported key OA programs with $420,696 in direct funding, including $98,140 in direct support of local councils through lodge service grants.

Contributions

Members have contributed over $650,000 since 2012 through direct contributions, bequests, and through the purchase of special endowment merchandise sold through the OA trading post.

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