What Dollar Amount is Required to Establish an Endowment?
A permanently named fund may be established with a gift of $10,000. By policy this produces an award of approximately $500 with additional earnings reinvested. Gifts may be added at any time in the future, which along with the reinvestment of a portion of the earnings produces larger annual awards.
Related Questions
- What effect does the target distribution (spending) rate have on the amount of the distribution (the dollar payout) paid to the endowment beneficiaries in the long term?
- Is there a minimum dollar amount required to make an endowment contribution?
- What Dollar Amount is Required to Establish an Endowment?
