An endowment fund is a permanent fund in which earnings are available for the support of designated purposes. Creating an endowment or named fund allows you to fulfill your own personal philanthropic goals while helping to support the needs and mission of the Shevchenko Scientific Society, Inc. Endowments, or named funds, can be established for many reasons:
- to permanently honor a loved one or mentor
- to celebrate personal and professional accomplishments
- to perpetually support the ongoing scholarly activity of Shevchenko Scientific Society, Inc.
- to leave your permanent legacy.
You can establish your named fund with an outright gift of cash or assets during your lifetime so that you can witness your gift at work. You may also want to plan your gift to create a new endowment, or to add to one, through other planned giving, such as a bequest in your will or revocable living trust, beneficiary designation of your retirement assets or life insurance policy or others.
The Shevchenko Scientific Society, Inc. is a 501( c)(3) public charity as defined by the Internal Revenue Service. All donations are tax deductible to the extent allowed by law. Consult your financial advisors, estate attorney or accountant when establishing your planned giving goals and details of your gift. Contact the Society’s Development Officer at (212) 254-5130 or firstname.lastname@example.org to discuss your planned giving goals.