Did you know that can create an endowment with the Community Foundation of Northwest Mississippi?
There are a lot of great reasons to create an endowment, here are the top three reasons:
1. Creates an ongoing source of income for your favorite charity
2. Donors can leave a legacy
3. Builds pipelines for future gifts
Endowments offer great benefits to non profit organizations, donors and fundraisers. Endowments provide support not just for one year, or even one generation, but in perpetuity. An endowment fund is a permanent fund in which the spendable amounts are available for the designated purpose.
Endowments also offer you benefits in the form of tax benefits under both state and federal laws. Depending on the type of asset given, and the type of gift arrangement selected, it is possible to enjoy current savings on income taxes and gift/estate taxes.
We want to help you establish and endowment! Call us at 662-449-5002 to get more information.