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An endowment gift is an ideal way to leave a lasting legacy to the Spina Bifida & Hydrocephalus Association of Ontario. Your gift will support families living with the conditions and fund research. At the same time, commemorate or memorialize yourself, a spouse, your parents, children or perhaps a dear friend.
An endowment is a contribution where the original capital donation is preserved in perpetuity. Only the income generated from the endowment fund is used for the purposes outlined in an endowment agreement.
There is a minimum gift amount required of $25,000 to establish an endowment fund. Endowment gifts may be funded using cash, securities, paid-up insurance policies, or other types of assets. These funds can be created during your lifetime, or can be arranged through instructions in your will.
An endowment leaves a lasting legacy as the original donation remains intact while the interest generated from the capital provides an ongoing source of income for the Association.
An endowment may be designated to fund a specific element, such as programs, operational activities or research.
The capital can be increased at any time by additional donations from the donor, family or friends.
How does it work?
A donor or group of donors, make a minimum donation of $25,000 to the Association which is then invested in perpetuity. The income generated by the capital is used by the Association, while the capital remains protected and continues to generate additional income over the years.
If you would like more information about creating a lasting legacy to SB&H, please contact us by email at email email@example.com or call 800-387-1575.