An endowment is a long-term investment to benefit a specific cause or nonprofit organization. Endowments are established to provide a steady income stream for the future while the principal (original permanent gift) stays intact.
Endowments may be established with an initial gift of at least $10,000. Gifts of cash, stock, real estate or any other appreciated assets may be used to establish an endowment. The donor must also complete an endowment agreement. Once established, gifts of any size may be added to the corpus of the endowment.
The Foundation Board of Trustees established an investment policy to ensure its assets are diversified.
What do you dream your legacy will be? You can fight hunger, support academic scholarships or help the arts. The Foundation can help you meet these goals for years to come.
Contact Frank McMeen at (731) 984-2140 for more information.
NONDISCRIMINATION NOTICE STATEMENT
West Tennessee Healthcare (WTH) does not exclude, deny benefits to, or otherwise discriminate against any person on the grounds of race, color, national origin, age, religion, disability, Limited English Proficiency or sex, including discrimination based on gender identity, sexual orientation, sex stereotyping or pregnancy in admission to, participation in, or receipt of the services and benefits under any of its programs and activities, whether carried out by WTH directly or through a contractor or any other entity with which WTH arranges to carry out its programs and activities.
For further information about this policy, contact Amy Garner (731) 541-9914.