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What is Endowment?
You’ve lived here. You’ve worked here. You’ve raised your family here. You are a part of Broward’s past and present. Endowment ensures you will be part of its future.
An endowment is a charitable fund you can establish at the Community Foundation of Broward, to provide long-term support that addresses a particular community issue or benefits a specific nonprofit organization.
Endowed funds differ from others in that the total amount of your gift is invested and each year, a portion of the income earned is granted according to your goals. The remainder is added to the principal, which continues to grow and grant, forever.
Your endowed fund serves as a permanent legacy for you and your family, and extends your values to future generations. It offers a way to define how you’ll be remembered and the impact that you’ll have on the causes you care about, for the next 100 years and beyond.
Endowment: For Good, Forever