What is an Endowed Fund?

An endowed fund is one of the most powerful tools in philanthropy for two reasons: first, it benefits charitable causes in perpetuity, ultimately providing more money for good over time than a non-endowed fund; second, it preserves and protects a family’s charitable legacy for generations to come– indeed, forever.  Long after the original donors have passed, their children and grandchildren (and so on) will reap the benefit of being associated with “doing good”, forever. 

When you create an endowed fund, you ensure lasting community impact through a permanent charitable fund. Your gift is invested over time, and a percentage of the fund’s market value is used annually to make charitable grants. Your gift is preserved forever, with the funds pooled for maximum benefit and invested to achieve long-term capital growth.

Your gift—and all future earnings from your gift—are a perpetual source of charitable community capital. And your legacy is preserved for generations to come.