PO BOX 192   |   PAXTON, IL 60957   |   Contact Us

Endowment Fund

 

Create Your Legacy

An endowment gift is a gift to an established fund that is permanently invested. When you make an endowment gift, you create a steady stream of annual income to support our mission. Your gift will be maintained in perpetuity and make a lasting, meaningful difference. 

Types of Endowment Gifts

There are several ways in which you can make an endowment gift either today or as part of your estate plan. 

Bequest

A gift to our endowment made through your will or trust may provide your estate with valuable tax savings. Your endowment bequest can be a gift of a specific asset, percentage of your estate or the residue (what’s left after specific bequests are made to your family). Your endowment gift will create a permanent legacy of lasting support for our mission!

Charitable Remainder Trust

When you transfer your cash or appreciated property to a charitable remainder trust, the trust will pay you income for your life or a number of years. You will receive a tax saving charitable deduction for your gift of the remainder to our endowment.

IRA Rollover

An IRA rollover is a way for you to support our mission today without impacting your checking or savings account balance. Gifts made from your IRA (up to $100,000 per year) are not reportable as taxable income. They also qualify for your required minimum distribution (RMD) which can lower your income taxes. 

Gift Options

An endowment gift may be designated for a specific purpose. Please let us know if you wish to restrict the use of income from your gift for a specific program or purpose. You may wish to make the endowment gift in your honor, or in memory of another person. We can help you make a gift that creates a legacy of remembrance for you and your loved ones. For additional information on endowment giving or to review information about our endowment plan, please contact us. We look forward to helping you create your legacy!

Your Support Makes Our Work Possible

Did you know that by making a gift to our endowment, you can create a permanent source of income that will ensure the continuation of our programs far into the future? This type of meaningful gift can create a legacy for you while providing lasting support for our mission. 

 

Contact Endowment Fund Committee Members, Robin Niewold, Carl Hudson, Jr. or Ross Sorensen at: endowment@pblfoundation.org

 

 

Our Mission is to acquire and distribute resources for enhancing or supplementing the educational programs for all learners in the Paxton-Buckley-Loda Community Unit #10 School District located in Paxton, Illinois