Endowment

An endowment is a contribution where the original capital donation is preserved in perpetuity. Only the income generated fromthe endowment fund is used for the purposes outlined in an endowment agreement. The annual income generated by thecapital is used by the charitable organization, while the capital remains protected and continues to generate additional income over the years.

There is a minimum gift amount required to establish an endowment fund with a charitable organization. The capital can be increased at any time by additional donations from the donor, family or friends. An endowment can be created during your lifetime, or can be arranged through instructions in your Will.