An endowment fund is a permanent, self-sustaining source of funding given by a donor. Endowment assets are invested. Each year, the interest generated from the endowment is paid out to support the donor’s specific purpose for the fund, and any earnings in excess of this distribution are used to build the fund’s principal value. In this way, an endowment fund can grow and provide support for its designated purpose that continues forever. When you establish an endowment fund, you create a permanent legacy of support for RCS Empowers.
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