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An endowment is a gift that keeps on giving. In simple terms, the word “endow” means to provide an income. An endowment gift provides income year after year for specific programs, events, or groups. When you make a gift to an endowment fund, the gift is invested with prudence through a professional manager under the direction of the Foundation’s finance committee.
Depending on the rate of return on investment, the endowment produces varying income each year. The 4-H Foundation strives to provide a 5% payout annually.
Example: A $100,000 endowment will payout $5000 perpetually!
What if I don’t endow my gift?
If you choose not to endow your gift, the funds will be put into an account that is spendable by 4-H agents and specialist immediately.