Establishing an Endowment
CREATING A LEGACY
Once an Endowment is established, it will operate into perpetuity. Although an Endowment Fund can be added to at any time, it will not depend upon ongoing contributions from the donor. It’s particularly well suited for donors wishing to create a lasting memorial or family legacy, while at the same time providing a perpetual source of funds for a designated charity. The Prestonwood Foundation has several Endowment Funds established which will direct funds for years to come, or donors may establish new Endowments, which will sustain, expand and initiate Foundation programs in perpetuity.
The Prestonwood Foundation’s Endowment Funds are managed by third-party professional asset managers. All of The Foundation’s assets are invested with a high level of fiduciary responsibility, as well as in a manner that is consistent with the philosophy of The Prestonwood Foundation.
There are several existing Endowment Funds, which you can contribute to, or you may wish to establish a separate named or family Endowment. The minimum donations required for a named endowment are cumulative gifts of at least $10,000.00. Donations of less than $10,000 for endowments will be credited to an existing endowment fund account. | |
