Endowment Gift

Leaving a lasting legacy: Donors establish endowments to create a permanent source of funding for a specific cause, organization, or area of interest, ensuring their charitable impact extends beyond their lifetime. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned will provide lasting annual support to Mississippi Methodist Senior Services. You may choose to give to the general Mississippi Methodist Senior Services Endowment Fund or choose to establish a new endowment to benefit a specific ministry area within Methodist Senior Services (e.g., education, wellness, chaplaincy, etc.).

You enjoy several benefits with an endowment gift

• Establish an endowment during your lifetime and see the impact each year
• Benefit from an income tax deduction in the year you make your gift
• Avoid capital gains tax on an endowment gift of appreciated property

How an endowment gift works

1. You make an initial gift to fund an endowment.
2. The assets in your endowment are invested to earn income.
3. The income is distributed annually to achieve your desired impact.
4. You can make additions during your lifetime or supplement your endowment with your estate plan.

Endowment gift video

Income distributed from your endowment

At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.

Contact Us

If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.