Endowment Fund – The Gift that Keeps on Giving
Donors wishing to establish an endowment to the Stars for Life Foundation for Autism can set up an Endowment Fund where the principal, contributed by the donor, is invested and only the income from the fund is spent. A contribution of $100,000 or more is required to establish a named endowment. The gift may be in the form of a one-time cash payment or a gift of securities, a pledge or a deferred gift. A donor may designate the income from a named endowment for specified or general purposes. In order to create a named endowment, a Named Endowment Agreement is prepared and signed by the donor.
For more information please contact:Tracy Smith at 902-894-9286.