Foundation

List of 4 items.

• How to Establish a Named Endowment

  An endowed gift may take several forms, including an outright gift of cash, securities, real estate or tangible personal property. Endowments can also be created through a will, a charitable trust, retirement plan assets, or an insurance policy. Named fund opportunities begin at 10,000.

• What is the Impact of a Named Endowment?

  When you establish an endowment, you will select how your gift will benefit St. Paul’s, providing a sense of fulfillment as the gift is an investment in something you are passionate about. An ongoing relationship with St. Paul’s is formed once your gift is endowed and links your intentions to the tradition and the future of the school. A gift can be named to honor a person’s service to a particular area or memorialize their name. Additionally, friends and family can add to the endowment at any time to carry on the legacy you have created.

• Why Create a Named Endowment?

  Reasons for creating a named endowment are varied: the satisfaction of supporting academic success; the gratification of furthering important programs; the pleasure of honoring a spouse, family member or colleague in a meaningful way to them; the comfort of memorializing a loved one with a living legacy.

• Example of a Name Endowment

  Longtime supporters, The Smiths, want to create a named endowment fund so St. Paul's continues to flourish long after their lifetime. They also want to memorialize their parents, Mr. and Mrs. Jones. The Smiths make a $100,000 donation to St. Paul's, which we invest. Each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. The rest of the income is reinvested in the fund, providing support to the School indefinitely. The Smiths get a federal income tax charitable deduction on their taxes because they made a lump-sum gift.