Making a one-time donation to a nonprofit is one thing, but imagine supporting it forever. Creating your own endowed fund allows you to streamline and simply your giving in one location, while preserving charitable dollars for your favorite causes now and long after you’re gone. We will work with you on the type of fund that will meet your goals.
Earnings from your investment are granted to support organizations and needs in the community, based on your direction.
Provide lasting income for your favorite charities and help free them to do their work and be visionary planners for the future.
Clients who endow gifts can make a difference during your lifetime, and, at the same time, establish a lasting legacy.
This donor wanted to give back to charities involving animals, so she spent eight years building up the principal, investing annual gifts of $2,000-4,000. In 2022, she was able to give a grant of $1,100. She continued investing each year.
By 2024, her endowed fund had given nearly $6,000 to area organizations and her annual gift will continue to grow.
This donor established a scholarship fund with two Qualified Charitable Distributions of $100,000, receiving tax breaks for each donation. Nine years later, he has made $43,500 in awards.
The principal, now at about $203,000, will continue to support gifts of $1,000-1,500 each year.
