LEAVE A LASTING &
PERMANENT GIFT
"God loves a generous and willing heart. Ask Him to shape your motivations in giving." (Deuteronomy 15:10)
ENDOWMENTS
For Catholics who wish to create a name-endowment fund, or who wish to establish a life income plan or bequest, the Foundation is the most suitable giving opportunity.
Through the Foundation, donors can be generous to their home parishes, schools, or charity, as well as to their favored diocesan programs.
By creating a name-endowment fund in the Legacy of Faith Catholic Community Foundation of Oregon, you are making a lasting and permanent gift that will memorialize you or a loved one in perpetuity. LFF currently has nine Endowment Funds.
ESTABLISH LIFE INCOME PLAN
SUPPORT FAVORED PARISHES, SCHOOL, CHARITY & PROGRAMS
MAKE A LASTING & PERMANENT GIFT
SUPPORT WHAT MATTERS
The Legacy of Faith Foundation supports religious, educational, and charitable programs of the Diocese of Baker, its parishes, schools, and ministries, as well as other Catholic charities that exist and operate outside the Diocese.
PARISH ENDOWMENT
Building & Groups Upkeep & Repairs
Staff Training & Resources
Parish Events
Transportation Programs
Emergency Funds
Liturgical Needs
Art & Environment
SCHOOL ENDOWMENT
Scholarships
Books & Supplies
Library Resources
STEM Upgrades
Food Programs
Teacher & Staff Training & Resources
School Events
Transportation Programs
Emergency Funds
Building & Groups Upkeep & Repairs
MINISTRY ENDOWMENT
Sacramental Programs
Faith Formation
Mission Trips
Volunteer Recruitment & Training
Children's Ministry
Music Ministry
Youth & Young Adult Ministry
Food Pantries
NOT SURE WHERE TO START?
SUPPORT AN ESTABLISHED ENDOWMENT FUND
THE LIFELONG VALUE OF ENDOWMENTS
Check out the example graphic below to see how your endowment can grow over time, even as they generate annual grants.
YEAR 1
DONOR ESTABLISHES $100,000 FUND
$4,000 AVAILABLE FOR ANNUAL GRANTS
Note: Assumes 6% Average Growth
YEAR 15
FUNDS GROW TO
$147,635
$5,534 AVAILABLE FOR ANNUAL GRANTS
Cumulative grants from fund $69,896
YEAR 25
FUNDS GROW TO
$191,814
$7,190 AVAILABLE FOR ANNUAL GRANTS
Cumulative grants from fund $133,982
YEAR 50
FUNDS GROW TO
$369,066
$13,833 AVAILABLE FOR ANNUAL GRANTS
Cumulative grants from fund $391,110
DETAILS TO CONSIDER
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Minimum to establish a named endowed fund is $25,000 payable over a 5-year period. If not funded in 5 years, the board shall have the authority to release the restriction and place them into the general endowment funds of the Foundation.
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Distribution of earnings will not be made until the fund is invested for a period of 12 months.
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Distribution amount is calculated based on the market value of the fund and interest earnings at the end of the preceding fiscal year and is approved by the Board of Trustees.
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Distributions are made annually as you desire.
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The beneficiary can elect to not receive a distribution during any cycle, and the distribution will be reinvested to grow the principal of the fund.
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Use must always honor donor intent (the designated use chosen at time of donation).
HOW WE ASSIST
1
Work with donor to develop name, funding strategy and purpose of the gift.
2
Work with beneficiary to communicate areas of need to potential donors.
3
4
Draft contracts and manage endowment establishment.
Facilitate calculation and distribution of annual distribution to beneficiary.
5
Report to donor on fund performance and use of distributions from the endowment.
HEAR FROM OUR COMMUNITY
I’m grateful to have been able to contribute to the Legacy of Faith Endowment Fund. It’s a meaningful way to support the future of our church, ensuring it can continue to serve the community and nurture faith for generations to come. I’m honored to be part of such a wonderful mission.