Endowments

Money that is given for endowment tends to perpetuate the intent and support of an individual, family and business long after their gifting or passing.  It leaves a legacy of giving that will benefit the organization for generations to come and so helps to secure its future.  Endowments also provide a way for others to honor or memorialize the wishes and good works of people or organizations that they admire.

An endowment can be created in your name, in the name of a loved one, a business, a family, or a specific Easterseals' program.  It can provide an ongoing source of support for a program or service of Easterseals that holds special meaning to you or those you wish to honor or memorialize.  Most importantly, an endowment is used only for the purpose designated.

Establishing an endowment is easier than you think. 

• While a gift of $10,000 is required to establish an endowment, your contribution can be pledged for over a period of four years.  Family, friends and organizations can contribute directly to your endowment as well.  The amount and number of contributions made to an endowment are not limited. If the endowment is not fully funded within four years, the funds will be transferred to the Easterseals Founder's Endowment, a fund to help with general operational needs of the organization.
• An endowment can be established through a bequest designated in your will.
• Endowments are considered a charitable income tax deduction.

How does an Endowment Fund grow?

All funds donated to the endowment are invested and the interest (minus a percentage as determined by the Easterseals' Board of Directors so that the fund will continue to grow) is available annually to be used for the purposes designated at the time it was established. 

For more information on investing in the future of Easterseals through endowment giving, please contact us.