An endowment gift is a donation that is given with the intent to preserve the original value of the gift, and to grow it over time. The funds are held in perpetuity and invested, and the accumulated appreciation and income on the investment is used to fund an annual distribution that helps the organization meet its mission.
Investing in the future of an organization is the ultimate gift and guarantees that, in a way, the donor’s gift will continue to provide meaningful influence even after their passing. Endowment gifts are a great way to honor someone special or to mark the memory of a special occasion. For example, you can make a gift to honor the memory of a loved one who has passed away or honor a special occasion such as a wedding, anniversary, birthday, or holiday.
The FSA General Endowment fund was established as a giving option for those looking toward the future, and the earnings on this perpetual investment fund can be used in the areas of most need in the organization.