Through the establishment of endowment funds, generous philanthropists ensure a reliable source of income will be available so that Children’s Health can continue meeting the medical, social and emotional needs of all the children served.
Endowment gifts are established to provide perpetual support for a project, program, or other need that is close to a donor’s heart. Contributions made to establish endowments are invested to generate earnings. Each year a portion of the earnings from the fund, as determined by the spending policy adopted by the board of Children’s Health, will be used to support the designated purpose of the gift. Earnings in excess of the amount to be spent will be returned to the fund and reinvested allowing the principal to grow. As the principal grows, the earnings will also grow and continue to provide an ongoing source of support for the purpose designated by the donor.
Endowments are especially well suited for those areas that need a sustained source of annual income and one that can provide support for a project, program, etc., in perpetuity. Invested for long-term growth and carefully managed to preserve capital, endowments provide a lasting legacy for donors and help secure the future for the fund’s designated purpose. A minimum gift of $25,000 is required to establish an unrestricted endowment at Children’s Health.
To talk with any of our Development Officers, please phone (214) 456-8360. You may also email us at email@example.com.
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