|
 |
Endowment
gifts provide powerful permanent funds for the extraordinary,
creative, continuing, or growth needs. An endowment gift is
permanent because only a portion of the return from its principal
is used for those purposes determined by the donor; the principal
remains intact, a continuing source of support for the future.
Donors may establish endowments with cash, appreciated stock,
real estate, or other marketable assets. Endowment gifts may
also yield substantial federal income tax and estate tax reductions.
(C) 2002 Christ the King School - All
Rights Reserved |
|
|
