With an established spending policy of 5%, a $20 million endowment would yield $1 million per year for grants, scholarships, and administration. A $50 million endowment would yield $2.5 million for the Jay County community - annually!
Request the booklet "Bridging the Generations Through Intelligent Giving," or call (260) 726-4260, Monday through Friday, 8 am to 5 pm ET. We recommend reviewing any planned gift with your own tax or legal advisor.