The Power of Endowment
Endowment gifts have been described as “the gift that keeps on giving.” Endowment funds are invested to grow over the long-term. The principal remains intact and only the earnings on the fund are used to make charitable distributions each year. Most endowments are permanent but donors may establish a fund that distributes its balance over a set time or terminate in a certain year.
Endowments allow our donors to provide a permanent or perpetual funding stream to support causes and organizations in the community.