Additionally, paste this code immediately after the opening tag:

United Way Creates Endowment Fund

Posted on November 27, 2007

imageThe United Way of St. Clair County recently created a permanent endowment fund at the Community Foundation. “Our goal is to ensure an independent, perpetual base of financial stability for the United Way of St. Clair County,” said Rick Garcia, the executive director of the United Way. “This permanent fund is distinct from the United Way’s annual fund raising efforts since it is held as a permanent asset,” he added.

By creating an endowment fund at the Community Foundation, the United Way joins more than a dozen other nonprofit organizations with endowment funds, including East China Schools, the Peoples’ Clinic, Boy Scouts, Port Huron Museum, Studio 1219, American Red Cross, St. Clair County Library and the Foundation’s Youth Home (Wings).

Endowment Funds for nonprofit organizations provide donors with additional options for supporting their favorite causes through gifts of life insurance, appreciated stock, trusts and annuities, or other “legacy” type gifts through estate plans. Gifts to endowed funds at the Foundation are also eligible for the special 50% Michigan Community Foundation Tax Credit (more info). To learn more about the United Way visit their website at www.uwsccmi.org.

Related Entries

March 25, 2015

$100,000 Gift Boosts Fishing Pier…

Construction will begin this summer

September 2, 2013

Arts Events in September

Grant dollars support events

February 6, 2015

First Quarter Grants Exceed $670,000

YMCA receives $100,000

PDF file - you will need the free Adobe Reader (or equivalent) to view. Download here.

Confirmed in compliance with National Standards for U.S. Community Foundations

Community Foundation of St. Clair County
Community Foundation of St. Clair County 500 Water St.Port Huron, MI 48060 (810) 984-4761 Fax (810) 984-3394

Community Foundation of St Clair is a 501(c)(3) and all donations are tax deductible. EIN 38-1872132

Legal Notice | Current Community Needs | Trustee Login | Donor Account Login | Facebook | Twitter | Pinterest

© 2002-2018 Community Foundation of SCC. All Rights Reserved. | Website maintained by Eighth Day Media.