The Power of Endowed Funds
When you create an endowed fund with The Community Foundation, your gift benefits the community forever. Your gift is invested over time, and earnings from your fund are used to make grants addressing community needs.
Your gift makes a difference in our community during your lifetime and continues to provide support that lasts forever. Grants continue to be made in the name of the fund you establish so that your charitable wishes are preserved long after you are gone. Even if an organization receiving grants ceases to exist in the future, we ensure that your intentions will continue to be honored by supporting an organization with the same or similar purpose to the one you wish to support.
Endowments are managed so that they last forever.
If you give a gift of $25,000 gift to establish an endowed fund at The Community Foundation San Luis Obispo County, over the next 20 years, the value of the original gift can grow to $44,142 AND can pay out $26,870 in grants during that same period. That is the power of endowment!
Leave a legacy of support through planned giving. We can help you find the charitable giving strategy that’s right for you. Contact us today!