Endowment Fund Giving

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Help Endow an Annual Gift

The Foundation has adopted the Paul Harris Society as an official recognition program, effective 1 July 2013.  This renewed focus on gifts of $1,000+ to benefit the Annual Fund provides an opportunity to also promote gifts to the Endowment Fund (formerly the Permanent Fund) as a way to perpetuate giving at that level.

Endowment gifts generate “spendable earnings” that are used at the discretion of the Trustees to support the work of the Foundation, supplementing annual contributions. A Rotarian who makes cumulative gifts to the Endowment Fund of $25,000 or more may establish a named endowed fund that will, on average, generate $1,000 annually in spendable earnings. 

For more ideas about promoting the Endowment Fund to supplement annual giving, see Visions 32--Annual Giving.

A Simple Plan to Reach a Named Endowment

Many Rotarians do not realize that they can create a named endowment through a combination of outright and estate gifts. One example of an Endowment Gift Plan was outlined in the recent Visions 32 newsletter.  You may want to share this idea with clients, club members or other friends of Rotary.  It is a great way to help them begin to develop their own plans to benefit the Foundation. 

In essence, the plan consists of two steps:

     1. A $10,000 pledge payable over three years.
     2. An estate commitment for at least $15,000.

The Rotarian will be recognized as a Major Donor in the year of the first pledge payment and a Bequest Society member in the year the commitment is made. The donor will have the satisfaction of knowing that the earnings from the initial pledged gift will begin supporting the work of the Foundation almost immediately and will continue on indefinitely in their name.

Rotary’s Planned Giving Team is available to work with Rotarians and their advisors to develop plans to meet almost any personal legacy goals. A little planning can make big things happen!