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Major Gifts and Endowment Fund
2016-2017 Chair Vincent Avantagiato, Union Club
The Endowment Fund:
Established in 1982 to ensure a strong future for our Foundation, The Endowment Fund, formerly known as the “Permanent Fund,” provides a steady stream of income to meet the demand for Foundation programs and to expand its ability to meet urgent human needs around the world. This endowed fund is invested in perpetuity. Only the earnings from these investments are used to build long term stability by supplementing Annual Giving, thereby always guaranteeing a minimum level of program activity and the possibility of new programs.
A "Major Donor" is someone who contributes $10,000 or more either outright or through a life income agreement. The Endowment Fund allows Rotarians and others to leave a personal legacy with Rotary and The Rotary Foundation.
Please contact Vincent to learn how to establish a "Named Fund" within The Endowment Fund or with any questions regarding contributions to our Foundation.