Endowed Funds: The Gifts That Keep On Giving

        An endowment is an investment in the future.  When you use your
charitable gift to establish an endowment, the gift is invested with two goals
in mind: to make the principal grow faster than inflation, and to provide
spendable income for whatever specific purpose you have designated.  The
principal is never invaded, and any earnings over a certain amount--usually
five percent--are channeled back into the fund to keep it healthy and growing.
Well-managed endowments can generate income indefinitely.  That fact
makes them uniquely valuable to the Church, and therefore especially
attractive to donors who wish to leave a legacy at their Parish or in the Archdiocese.