Donor-designated endowment funds allow individuals and families to ensure lasting impact by preserving the principal and making grants from the income.
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 25 years, grants could total more than $200,000.
And, 50 years from now, your fund could be worth more than $1 million: $455,000 in assets and cumulative grants of $627,000. That is 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.)
Field of Interest Funds
Are you passionate about helping educate underserved children, ending homelessness, promoting medical research or other issues? You can direct the RSF Foundation to limit the use of this fund’s income and assets to a broad charitable purpose. You may establish the fund with any amount, make additional contributions to the fund at any time, and have up to an annual 5% payout for grants to nonprofit organizations addressing the cause you care about.
Designated Funds
Do you highly value the work that a nonprofit is doing to address a need in the community? You can designate a particular charitable organization as the recipient of all the grants from this fund in perpetuity. You may establish the fund with any amount, make additional contributions to the fund at any time, and have up to an annual 5% payout for grants to the designated nonprofit recipient.
Scholarship Funds
You can honor a teacher, coach or mentor and support the next generation of leaders by establishing an academic scholarship. The fund is administered by the RSF Foundation, and you may appoint an advisory committee to oversee the scholarship application process. You may establish the fund with any amount, multiple donors can contribute to the fund at any time, and have an annual 5% payout for grants to scholarship recipients.
