Endowment funds are permanent funds that are not spent and it is the interest on the investment that is used to support the organization. An endowment may also come with stipulations regarding its usage. In some circumstances an endowment may be required to be spent in a certain way or alternatively invested, with the principal to remain intact in perpetuity or for a defined time period. This allows for the donation to have an impact over a longer period of time. The donor has some flexibility when establishing an endowment.

“Planned Giving” describes a wide variety of strategies which allow you, a donor, to give to charity during your lifetime and/or after your death while meeting your current income needs and providing for your heirs. Planned giving is typically done in conjunction with estate planning, and is a viable option for donors of all income levels.