Endowment Gift

An endowment gift allows you to create a lasting legacy that supports Luther's mission, year after year. An endowment is a fund you may establish now or in the future to achieve the impact you envision. The income earned from your endowment provides dependable, annual support that sustains your charitable priorities for generations to come.

You enjoy several benefits with an endowment gift

• Establish an endowment during your lifetime and see the impact each year
• Benefit from an income tax deduction in the year you make your gift
• Avoid capital gains tax on an endowment gift of appreciated property

How an endowment gift works

1. You make an initial gift to fund an endowment.
2. The assets in the endowment are invested to earn income.
3. A spending allowance is distributed annually to support the purpose you designate.
4. You can make additions during your lifetime or supplement your endowment with your estate plan.

Endowment gift video

Spending allowance from the endowment

At the time you create your endowment, you sign guidelines that details the scope and desired impact of your endowment funds. The funds will generally be invested to produce stable, predictable growth. Each year, a spending allowance will be distributed according to the endowment guidelines.

Contact Us

If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.