Endowments are designed to keep the gifted principal intact so it can grow over time, and allow the annual investment income to be used for scholarships, ministries, and other purposes as specified by the donor.
How It Works
Designated assets are invested to ensure their protection and growth, and payments are made from ongoing interest earned from the gifted asset. An Endowment requires that the principal remain intact indefinitely— or until sufficient assets have accumulated.
Types of Assets You May Give
Endowments may be funded with cash, real estate, and securities (restricted and marketable), art, antiques, business interests, and other assets. Funding provides immediate charitable tax benefits and deductions. Minimum requirements are $10,000 for cash or securities, or $100,000 for real estate.
Endowments are designed to keep the gifted principal intact so it can grow over time, and allow the annual investment income to be used for scholarships, ministries, and other purposes as specified by the donor.
How It Works
Designated assets are invested to ensure their protection and growth, and payments are made from ongoing interest earned from the gifted asset. An Endowment requires that the principal remain intact indefinitely— or until sufficient assets have accumulated.
Types of Assets You May Give
Endowments may be funded with cash, real estate, and securities (restricted and marketable), art, antiques, business interests, and other assets. Funding provides immediate charitable tax benefits and deductions. Minimum requirements are $10,000 for cash or securities, or $100,000 for real estate.
