Create an endowment for Catholic Charities and you will create a personal legacy that endures forever.
Like all gifts to Catholic Charities, endowed gifts enable us to provide help and hope to people in need. Endowments are particularly powerful because they deliver a dependable, perpetual source of funding for Catholic Charities.
Your gift to establish an endowment is an investment in the future—one that makes an enduring difference in the lives of the most vulnerable in our community by supporting Catholic Charities’ mission in perpetuity.
What is an Endowment?
Endowments are unique because the total amount of the initial gift is invested, and each year a percentage of the endowment’s growth is distributed to Catholic Charities. The remainder is reinvested into the endowment ensuring growth and maintaining the fund’s charitable impact far into the future.
How do I create my Endowment?
You can establish your endowment with a direct contribution of cash, securities, or real estate during your lifetime, a gift from your estate — or both. A minimum initial gift of $10,000 is recommended, but you may start with a smaller amount and add to it over time.
Catholic Charities will work with you to draft a Gift Use Agreement so that your endowment can support the program or activity that you are most passionate about, or support Catholic Charities’ unmet future needs. You can name the endowment for yourself, your family, your friend, your company — the choice is yours. These funds create a highly visible link between you and Catholic Charities and serve as a lasting tribute to the namesake.
Why should you contribute to an Endowment?
Provide support: A perpetual flow of annual gifts from an endowment will support the mission and work of Catholic Charities long into the future.
Promote stability: Every endowment strengthens Catholic Charities’ financial base, helping us meet current and future obligations, attract new contributors and make capital improvements.
Produce a legacy: An endowment will outlive its original benefactors. It will be a timeless record for future generations of your values and your dedication to helping the less fortunate.