Power of Endowment

Building endowment to secure the future of Wayne County is at the heart of the Foundation’s mission.  We understand the power of permanence. We believe that it’s the key to ensuring that our community’s future will be even brighter than its past. When you create a charitable fund through the Foundation, you can benefit the community forever with a permanent endowment.

Endowed funds ensure that the original gift remains intact while it is invested to grow in value. As the fund grows, a portion of the earnings can be granted to charitable organizations. Unlike a contribution that is given and spent on an immediate need, a gift to an endowment (or permanent) fund will give many times its original value through time, making it “a gift that keeps giving.” Over time, the value of an endowed fund will be significant both in dollars granted and in fund value.

A permanent endowment fund carries several advantages. An endowment will:

• Provide dependable, perpetual income to your chosen areas of interest – such as the arts, your house of worship, your alma mater or whatever cause you love
• Carry on your family’s name by creating a permanent legacy
• Allow successive generations to continue family giving traditions

Through the Power of Endowment, we build a living legacy that reflects the intentions of those who constructed it. Endowed gifts build lasting financial strength and provide permanent support for the community – helping you do good work today and far into the future.