Empowering our community today and forever
Create a legacy of lives changed. When you remember YWCA Spokane in your estate plans, you contribute to a culture of empowerment, justice, and dignity for survivors of violence, poverty, and inequity. We can help you meet your personal financial goals while making a long-lasting impact on our community.
Endowment Gifts
You can leave a legacy to perpetually support the causes you love with an endowment gift. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned on your endowment will provide lasting annual support to your charitable causes.
You enjoy several benefits with an endowment gift
- Establish an endowment during your lifetime and see the impact each year
- Benefit from an income tax deduction in the year you make your gift
- Avoid capital gains tax on an endowment gift of appreciated property
How an endowment gift works
- You make an initial gift to fund an endowment
- The assets in your endowment are invested to earn income
- The income is distributed annually to achieve your desired impact
- You can make additions during your lifetime or supplement your endowment with your estate plan
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.
Contact us
If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.
If you are interested in learning about ways you can support our organization or how to maximize the impact of your giving, we have a number of resources to assist you.