Making an endowed gift to GracePoint foundation is one of the most powerful ways to have a lasting impact. Endowment gifts support healing counseling, providing support for the mission for centuries to come.
What is an endowment gift?
An endowment gift is a donation that is given with the intent to preserve the original value of the gift, and to grow it over time as part of a larger endowment fund.
What is an endowment gift's lasting impact?
Endowed gifts provide a stable income stream to ensure GracePoint continues excellence in counseling services to our clients. These gifts help GracePoint do what we have done for more than 10 years but better with more impact. Countless clients benefit from endowed dollars enabling them to come to GracePoint and later make an impact in the society, the Church, and the World.
Every endowment gift can have a lasting and growing effect around GracePoint. For example, in 2000 a gift of $100,000 to establish an endowed fund for financial aid would have a value of over $200,000 today the annual distribution from the gift would have then approximately $5000 in 2000 and would have grown to $10,000 by 2020. This gives impact to continue to grow and achieve the donors vision for increasing access to GracePoint counseling services.
Who manages GracePoint's endowment?
The GracePoint Board of Directors created a Foundation with its own Board of Directors. This Board created an Investment Committee which engages independent investment advisors and appoints committee members, who are experienced in asset management, to manage the assets of the endowment.
For more information, please contact:
Justin Hannemann - Justin@relationalhealth.org
What Is an Endowment Fund?
An endowment fund is generally comprised of money or assets donated to an institution which uses the resulting investment income for a specific purpose such as the Institute's operations, sustainability, and underwriting the cost of counselors. Endowments are designed to keep the principal amount intact while using the investment income for needs of the institution.