Endowment Gifts

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 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
The assets in your endowment are invested to earn income
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

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 funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment 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.