Endowments
Your gift today, or through your estate plans, can establish a named endowment with the Mercy Foundation that will provide support for years to come. You can set up an endowment in your own name, or as a way to honor or remember someone special. Your fund can be created to support something you feel passionately about - scholarships and professional development, cancer care, hospice services, education and resources for family caregivers - it's up to you.
Mercy retiree Carol Watson created an endowment to support the professional development of nurses, including scholarships for those seeking an advanced degree.
Learn more in this short video.
When you establish an endowment, your gift is permanently invested. Income earned from the investment provides sustained support for the area you designate. The Mercy Foundation can work with you to create an endowment based on the kind of impact you'd like to make. A minimum gift of $25,000 is required to create a fund, but there is no upper-end limitation on the size of your fund.
If you establish a fund during your lifetime, you can continue to donate over the years, increasing its annual impact. In addition, you may also fund your endowment with a gift through your estate plans. You may invite others to donate to your fund too. This is a great way to share your philanthropic values with your family and encourage giving by future generations.
Let's talk - the first step to leaving your legacy begins with a conversation about your charitable goals.
Contact a member of The Mercy Foundation Team today to learn more about how you can create an endowment with lasting impact.