Endowment Gift
You can leave a legacy to perpetually support the causes you love with an endowment gift. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned on your endowment will provide lasting annual support to your charitable causes.
You enjoy several benefits with an endowment gift
- Establish an endowment fund during your lifetime and see the impact each year
- Benefit from an income tax deduction in the year you make your gift
- Avoid capital gains tax on an endowment gift of appreciated property
How an endowment gift works
- You make an initial gift to fund an endowment (endowment scholarships are funded with a minimum gift of $50,000).
- The assets in your endowed fund are invested to earn income.
- A portion of the endowment fund's investment returns is distributed annually to achieve your desired impact.
- You can make additions during your lifetime or supplement your endowment fund with your estate plan.
Endowment gift video
Income distributed from your endowment
At the time you create your endowment fund, you sign an endowed fund agreement that details the scope and desired impact of your endowed fund. Your gift will be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowed fund agreement.
Contact Us
If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.
