Endowments allow individuals, families and nonprofit organizations to insure lasting impact by preserving principal and making grants from income. Your endowment gift may be part of a legacy fund, donor advised fund or the General Endowment.
The gift that keeps on giving. Consider how an endowed gift grows. A $100,000 gift today could be worth more than $250,000 fifteen years from now: $158,000 in assets and $100,000 in grants. In twenty-five years, grants could total more than $200,000. And by year fifty, your fund could be worth more than $1 million: $455,000 in assets and cumulative grants of $627,000. That’s a philanthropic rate of return of nearly 1000 percent in grants and growth.
** This example assumes a five percent annual payout and an average 8.5 percent rate of return.
Today’s gift … your legacy. By endowing your gifts today, you will make a difference during your lifetime and provide a gift that lasts forever.
Efficient, effective, impactful. When donors or nonprofit organizations work through the Foundation to achieve their charitable goals, they benefit from the expertise of experienced local program staff, community leadership and investment management.
Donor Funds Include
Donor Advised Fund – Allows you flexibility to recommend distributions from your fund to the nonprofit organizations of your choice.
Discretionary Fund – These endowment funds provide the Foundation’s Board of Directors with the ability to direct funds to the community’s greatest and most immediate needs.
Designated Fund – Specifies one or more charitable organizations for endowed support, in perpetuity.
Field of Interest Fund – Provides grants to an individual charitable field or issue such as children, the arts, education or health and human services.
