Gifts of Endowment
Endowments are the gifts that keep on giving and are important statements of a commitment to the future of FAIR. By establishing an endowment, your legacy becomes a permanent part of FAIR's future.
What is an endowment?
An endowment is a gift that is held in perpetuity and invested by FAIR to earn a steady stream of income that provides ongoing support for FAIR activities. The money you gift to FAIR is invested rather than spent, the interest income generated from your gift is the portion of the gift that FAIR uses as support for our activities. Such endowments, which typically bear the name of the donor(s), reflect your interests and serve as an enduring testament to your generosity.
What are the advantages of endowment gifts?
Because an endowment provides support in perpetuity, this is perhaps the most significant way to leave a permanent legacy at FAIR. An endowment gift also allows a donor to account tax-benefits (especially if established through a gift of securities). In addition, many donors choose to honor family members or friends with an endowment gift which is a great way to provide a lasting tribute to a loved one.
How can I establish an endowment?
Endowments can be established through a myriad of ways including gifts of cash, stock, real estate, charitable remainder trusts, or bequests. Endowment gifts may also be paid over a period of years.