Endowment Gifts Help Secure the Future
The Lower Cape Fear Hospice Foundation Endowment Fund provides annual income in perpetuity to Lower Cape Fear Hospice in support of the needs of hospice patients and families in our care. A healthy endowment is perpetually grown and nurtured to ensure that Lower Cape Fear Hospice services are never limited by a lack of resources. A strong endowment ensures that Lower Cape Fear Hospice will be strong for all time.
Gifts to the endowment provide the financial security of permanent funding that:
- Makes the difference in ensuring highest quality care for hospice patients and families who need our support across southeastern North Carolina.
- Helps provide quality hospice and palliative care and end-of-life services to all who need and want care regardless of their ability to pay.
- Ensures quality programs grow to meet the needs of the communities we serve.
- Sustain continuous staff training and advancement.
- Meet the agency’s ongoing capital facility and equipment needs.
How Endowed Gifts Work
Endowment is often called the “gift that keeps giving” and when added to the annual support we receive from generous donors, ensures the quality and availability of hospice care and services. Endowment gifts are invested to preserve the value of the donor’s contribution and to generate annual income needed to serve our community. Investment policies guiding the selection and performance of investment managers, and all decisions regarding expenditure of income are overseen by the Foundation Board of Trustees.
Leaving a Legacy
A gift or estate bequest of $25,000 or more will establish a named endowment fund. Creating an endowment at the Lower Cape Fear Hospice Foundation creates a legacy that upholds your ideals and beliefs in perpetuity.
Generations – Perpetual Endowment
A Generations perpetual endowment is a permanent fund dedicated to endowing your annual gift to Lower Cape Fear Hospice Foundation. A Generations fund is not intended to take the place of your annual gift; it is instead to create a lasting legacy that will continue to make an annual gift to the campaign in perpetuity for Generations on your behalf.
To determine the estimated amount you will need to endow your gift, simply multiply your current annual gift by 20. Alternatively, you may endow a portion of your gift now by establishing a Generations fund today, perhaps building up the fund through subsequent contributions over time.
When including a bequest provision in your will, always use the full legal name and provide the federal taxpayer identification number. Lower Cape Fear Hospice Foundation Endowment Fund is a 501(c)(3) tax-exempt public charitable organization that manages private funds to advance the mission of Lower Cape Fear Hospice, Inc.
- Our full, legal name is: Lower Cape Fear Hospice Foundation Endowment Fund
- Our federal taxpayer identification number is: 56-1391849.
Learn more about establishing an endowed fund at Lower Cape Fear Hospice Foundation, please contact Laurie Taylor, Development Director at 910/796-7944 or firstname.lastname@example.org