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Planned Giving A Perpetual Gift Many individuals make annual contributions in a specific amount to their favorite charity. As they approach retirement they may find they would like to find a way to continue financial support of their favorite charity long after they are gone. There is a way - they can endow an annual gift. You can do the same with gifts to Minnewaska Home Development Foundation. Your endowment gift will be a lasting legacy, speaking of your generosity and support of our efforts. In general, it takes a commitment of approximately 20 times your annual gift to endow an annual gift. For example, placing $20,000 in an endowment will fund annual $1,000 gifts in perpetuity. How does an endowed gift last? Each year, Minnewaska Home Development Foundation will spend only a portion of the endowed gift earnings, reinvesting the rest, so that the endowment gift principal grows over time. How do you make an endowment gift?You can create your endowment by:
Minnewaska Lutheran Home
The information provides is not intended as legal, tax, or investment advice. Please consult
an attorney, tax or financial planning professional for questions specific to your financial
situation. |
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