LOVE ENDOWMENT
Laila's Love Initiative's endowment is a source of permanent funding that can be counted on every year, in good times and in bad. Growing this source of funding for the organization is one of the most important things we can do for our long-term and short-term well being.
Gifts to the Endowment
An endowment provides long-time security and annual income for us. It is like a savings account that is never spent. The principal is invested, and the income is used as part of our organization’s annual budget or to fund specific needs.
Unrestricted Gifts
Unrestricted gifts to the endowment are essential because the income may be used at the discretion of the CEO and Board of Advisors to meet the organization’s most pressing needs. Unrestricted endowment income can also ensure that we have the funds to be forward-thinking and stay at the forefront of our sustainability agenda. Gifts of all sizes may be made to help grow the unrestricted endowment.
Restricted Gifts
Restricted gifts to the endowment allow us to address other priorities within the organization. The income from these endowment gifts is used as the donor specifies. Donors may choose to establish endowments to fund scholarships, lecture series, programming, satellite developments, public service support, and more, all of which may be created in a donor’s name.
Named Contribution Endowments
Establishing an endowed contribution is an ideal way to create your legacy with the Love Solutions Group and ensure quality programming for generations to come. You may choose to customize an award and specify a variety of criteria mutually agreed upon by you and the organization, such as financial need, geographic location or programming involvement. As a popular type of endowment builder, this gift provides a permanent source of program income for the benefit of program applicants. A named endowment starts with a minimum required gift of $50,000, which may be payable over a period of up to three years. You may also choose to fund through your estate plans. Please note that awards will not be gifted until the $50,000 endowment is received and are awarded after an initial investment period of one year.
CONTACT US
The Love Solutions Group manages giving opportunities and we're always available to take your questions.
| ENDOWMENT GIFT AMOUNT | ANNUAL PROGRAMMING AMOUNT |
|---|---|
| $400,000 | $20,000 award |
| $250,000 | $12,500 award |
| $100,000 | $5,000 award |
| $50,000 | $2,500 award |
