Endow: to make a grant of money providing for continuing support or maintenance

Endow means to make a grant of money providing for continuing support or maintenance.

If you would like to be remembered in perpetuity, consider creating an endowment in your own name. By doing so, you will deservedly gain enduring recognition and a kind of immortality that cannot be achieved any other way.

What is an endowment? It is simply the donation of funds to a charitable organization, such as your favorite charitable organizations*, to provide an ongoing source of income for the care or financing of a concern that is close to your heart.

Become a Philanthropist
Worthy and memorable enterprises have been endowed by people of exceptional vision. Think of the Nobel prizes given for outstanding achievement in physics, medicine, peace and other fields of endeavor; the Mellon contributions to sustain great art; and the Ford, Carnegie and other great foundations that make grants to innumerable deserving causes.

You, too, can join the ranks of farsighted philanthropists who are remembered today because of their ongoing benevolence, regardless of the amount you plan to set aside. Perhaps there is a particular program or project that you want carried out and for which no one else has taken the initiative. Or maybe you would like to arrange for annual awards to be presented to individuals who have shown outstanding achievement in a particular manner or field. Then again, you may decide it is wisest to let us apply the annual income to our most pressing needs.

Direct Gifts
You may prefer to create an endowment by a tax-deductible contribution or bequest directly to your favorite charitable organizations, specifying how you want the income used. When you decide to support our mission in perpetuity, this is the easiest and most economical way.

We arrange to keep and invest your gift in a restricted account and annually apply the income for the purpose you have directed. An endowment is often established in memory of the donor or a person beloved by the donor. We will be pleased to honor your request and have many ways of granting appropriate recognition.

Due to the long-term nature of an endowment and the language needed in your will, trust or other document to ensure that your intent is realized, experienced counsel by your attorney is essential.

How to Get Started
The memory of your wise philanthropy can be immortal. We will help you create an endowment and achieve the timeless recognition you richly deserve. We will explain your tax savings, too. Just arrange a meeting with our representative—without obligation.

Please contact Mary Ludwig, Development Director at 712-732-5127, for more information.

The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.

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