How Does an Endowment Fund Work?
When you make a gift to LCF, your money is placed in an endowment fund and invested in perpetuity. Each year, the income from the investments is used to grow your fund and make grants to the community.
For example, if you were to donate $10,000 to the cause of your choice, your giving journey would begin and end with your one-time donation. With an endowment fund, your impact grows over time, eventually exceeding the amount of your initial gift.
Cash isn’t the only way to make a gift either, we offer a variety of different giving strategies to help you get started on your philanthropic journey.