What is an Endowment Fund?

 

An endowment fund is an invested sum of money, with the investment income going to causes of choice. It enables generous people to give long-term, well  beyond their lifetime, to a cause that they care about.

Advantages of Community Foundation Endowment Funds

  • Utilises Community Foundation expertise in community knowledge, strategic philanthropic giving, investment management and  grant making
  • Entirely donor- focused: distributes income to any cause of choice
  • The donor can remain as public or as private as they wish
  • Enables giving that lasts forever
  • Provides a platform for multi-generational philanthropy and community impact
  • Flexibility; accepts many gift types – giving which can be now and in the future (bequests)
  • Attracts tax benefits
“I like the way that Endowment Fund giving is a more strategic way to give, and will benefit my beloved chosen causes forever,”  Marisha Koh, Nikau Foundation Donor

 

Contact your local Community Foundation today to discuss Endowment Funds and other ways to give

Ways to give through your local Community Foundation