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HOW DOES ENDOWMENT WORK?
Endowments are funds that last forever. The gifts to an endowment are invested in perpetuity and will never be spent down, leaving it forever able to generate income for a charitable organization or cause. In this way an endowment allows a donor to make a more lasting and significant impact with their gift. Please call (903) 630-1401 or email info@easttexascatholicfoundation.org for more information.
The East Texas Catholic Foundation safeguards your gift in perpetuity. The principal amount is never spent, and through our financial management, your gift will grow and continue to help your specified charity for decades to come.
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