What is Endowment?
An endowment is an investment that provides endless support to charitable causes. It’s an investment in the future … the future of San Diego. It’s a gift … a promise without end, made by you to your children and grandchildren in support of your community. Endowments are made possible by you … those who have lived and embraced all that our region has had, will have and can have.
Endowments are permanent. They are funds with the requirement that the principal is never spent. The balance in these funds is invested, earning income that is then spent to support charitable works in perpetuity. Read a few stories of the power of endowment, click here.
There are three types of endowment to choose from: Endowment for the Common Good, Field of Interest Endowment, and Designated Endowment.
- An Endowment for the Common Good is a gift that allows The San Diego Foundation to respond to the constantly changing needs of the San Diego region. This type of fund is not limited to a specific cause, but available for the most critical needs of the community as they arise.
- A Field of Interest Endowment is a gift that helps sustain programs or organizations in specific areas of interest. These programs and organizations are selected by the donor and reflect his or her passion in areas such as education, health and human services, the arts, historic preservation and environmental protection, to name a few.
- A Designated Endowment is a gift that provides a permanent source of support to a nonprofit organization selected by the donor. Is there a nonprofit organization whose charitable work is your passion? You can endow your favorite nonprofit organization through a designated endowment.
For more information about endowment funds, please contact Adrienne Vargas, Vice President, Charitable Giving, at (619) 235-2300 or email info@endowsandiego.org.
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