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.
Benefits of an endowment gift
- Establish an endowment 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 of $15,000 or more to fund an endowment.
- The assets in your endowment are invested to earn income, while your original principal is preserved and never spent.
- The income is distributed annually to achieve your desired impact.
- You can make additions during your lifetime or supplement your endowment with your estate plan.
Endowment gift video
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your principal is kept intact and invested to produce stable, predictable growth, meaning your endowment can last in perpetuity, creating impact long after you are gone. Each year, a set percentage of the earned income is distributed according to your endowment agreement, ensuring your legacy continues to make a difference for generations to come.
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.
