Creating or Contributing to a CMC Endowment
Create an Ongoing Source of Income
Because a permanent endowment is an invested pool of money that provides a reliable source of income in perpetuity, the beneficiary can count on annual distributions for its charitable work. With appropriate investment and spending policies, the endowment’s purchasing power will be preserved. Thus, a fund that generates income to provide scholarship, support research, or ensure compassionate care for those most in need today can be designed to produce income to run the same program 20 years from now and beyond. The endowment also grows over time with gifts from multiple donors.
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Point of Contact: Patricia Carroll
EIN/Tax ID: 13-2735359
Explore Other Options to Support CMC
Real Estate and Alternative Assets
Stocks and Securities
IRA Charitable Rollover