An endowment is a permanent fund of JewishColumbus that provides an annual income for programs, projects, agencies, organizations or initiatives of particular interest to you and your family. You specify the beneficiary of your endowment.
An endowment fund can be created with an irrevocable gift of $10,000 or more. You may choose to specify in the guidelines of your endowment that the principal of the fund you create remains intact, producing an income to be perpetually distributed according to your wishes, or you may allow the principal to be used, over time.
You may establish an endowment fund during your lifetime or after your death through your estate plan. Your endowment fund will be securely invested by JewishColumbus and prudently managed for the maximum yield. An endowment may be established through a gift of cash, securities, or other assets including real property, tangible property, life insurance, charitable remainder trusts, charitable remainder annuities, retirement accounts or philanthropic fund recommendations.