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Endow Legacy - Potential, Promise, and Purpose


EndowGlidden

The future is hard to predict. But one thing we do know is that we will need resources to fuel our mission in years to come. That’s why we’ve established EndowGlidden. The fund is professionally invested for the long-term. The income will be distributed to support the community needs.

The word “endowment” means simply that your legacy gift will be managed by EndowGlidden and invested for the benefit of EndowGlidden. The earnings from these investments will be contributed to EndowGlidden every year and then used by EndowGlidden to fulfill its mission.

You may create an endowment fund in your name or the name of another. Then each year a gift in the fund’s name will be distributed to EndowGlidden. Legacy gifts take many forms including:

 

  • Gifts made in your will or trust;
  • Gifts that pay you income
  • Gifts of life insurance or retirement plan assets
  • Gifts made through Endow Iowa

 

We hope you will play a part in our future. To learn more, please return the enclosed confidential response card. Or, you may contact a board member or email This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Sincerely,

EndowGlidden

 

Roger Hartwigsen Class of 1969                      Brian Best Class of 1978

Lynn Stork Class of 1973                     Suzanne Danner Class of 1980

Brian Johnson Class of 1976               David McNamara Class of 1981

 

Ex. A Charitable Remainder Trust is an arrangement in which property or money is donated to a charity, but the donor (called the grantor) continues to use the property and/or receive income from it while living. The beneficiaries receive the income and the charity receives the principal after a specified period of time. The grantor avoids any capital gains tax on the donated assets, and also gets an income tax deduction for the fair market value of the remainder interest that the trust earned. In addition, the asset is removed from the estate, reducing subsequent estate taxes.

 

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