
Endowments
An endowment is a specialized fund containing permanently held assets which are invested and retained by Jobs Partnership.
JP is required to indefinitely preserve the endowment principal, which guarantees a permanent source of support for the organization.
Funding an endowment to support Jobs Partnership helps further our commitment to provide positive generational impact in our community. Such a gift will help sustain our LifeWorks program by providing financial stability through the course of time.
Benefits:
• Creates an ongoing reliable source of income for the organization
• Provides relief when grant funding is decreased
• Helps secure the organization’s future
• Perpetuates the donor’s wishes after their lifetime
• Enables donors to make a more significant impact on the future
How It Works:
• Establishing an endowment requires a minimum donation of $100,000
• Can be funded immediately or through a planned gift such as a bequest
• Endowments generate an annual 5% payout in perpetuity
• An endowment agreement is created for how the fund is to be administered
• The donor may choose to name the endowment to commemorate their generosity or honor a loved one
For More Information
Contact Us
We're here to help! You may reach our team at 407-641-0755 x115 or send us an email.
Please Note
The information on this website is not intended as legal or tax advice. For such advice, please consult an independent attorney or tax advisor.