|
Sometimes referred to as the “gift that lasts forever,” an endowment is another way to exercise good stewardship while directing how your gift will be used in the future. Examples are ... An endowed gift is generally one in which the principal is left intact and the income only is used to provide support in perpetuity. Endowed gifts become a source of long-term security for the Church and its spiritual and corporal work. Since they help address both current needs and those in the foreseeable future, they can be considered an ultimate act of stewardship. Endowed gifts can be made immediately or in the form of a bequest and they can be established to support our general purposes or designated for more specific needs. An endowed gift is a living legacy that keeps on giving for you, year after year.
|