What is an Endowment Fund?
• Choose to endow your gift of $10,000 or more to the Jackson Community Foundation—ask us about options for making gifts over time that add up to this minimum amount.
• The principal of your fund is never spent, and it can grow over time to generate an increasing stream of funding devoted to your interest areas and this community.
• Earnings are used to make grants that meet community needs. Your gift—and all future income from your gift—is a permanent source of community capital that makes good works possible, forever.
• Gifts of $250,000 or more may qualify for an Individually Managed Fund allowing you to keep your investment advisor while getting the tax advantages of a community foundation.