Power of Endowment
Providing for community needs in perpetuity
Endowments carry an inherent power to provide for community needs in perpetuity through continued growth. Over time, distributions exceed the original gift, while the fund balance continues to grow, thanks to responsible management.
A permanent fund in which the principal is preserved and invested, with a portion of the earnings distributed annually for charitable purposes.
How does it work?
The following is an example of the projected growth of an unrestricted endowment fund with a beginning balance of $25,000.
Your gifts, your legacy
By endowing your gifts today, you can make a difference in your community during your lifetime and provide a gift that lasts forever. We’ll make grants in the name of your fund forever. We’ll always honor your charitable wishes, even if an organization receiving grants ceases to exist in the future.
Security and stability
Nonprofit organizations work with Unity Foundation to establish agency endowments. Investment management and professional accounting yield a constant source of funding to help organizations respond to emergency needs, plan for the future, and sustain the good work they do.
When donors or nonprofit organizations work through Unity Foundation to achieve their charitable goals, they benefit from the expertise of experienced local program staff, community leadership, and investment management.
Considering an endowment? We can calculate your gift’s potential over time. Contact us to discuss your preferences.