Endowments are an investment in the future. They are designed to provide support for people living with life threatening illnesses for years to come.
An Endowment Fund can also provide a lasting personal legacy for you or a loved one. For example, the Fund can be established In Honor of . . . a living person or In Memory of . . . a person who has passed.
Importantly, an Endowment Fund gives you the flexibility to designate exactly where your gift is to be used.
How to Create an Endowment Fund An Endowment Fund can be underwritten by current or deferred gifts. If you establish an Endowment Fund now, then you can encourage your children or other loved ones providing a family legacy. You can also leave an endowment in your Will.
A General Endowment Fund has been established by the Board of Directors of Shine Through The Rain Foundation. The Fund consists of many endowed gifts designated to be used for the general purposes of Shine Through The Rain Foundation. The minimum gift required for this fund is $1,000.
To make a gift to Shine Through The Rain Foundation General Endowment Fund in your Will, use the following clause: I direct my Trustees to transfer the sum of $____ (or ____ percentage of my estate) to Shine Through The Rain Foundation General Endowment Fund to be held in trust and kept invested, the income from such sum shall be used for its general purposes.
To establish an Endowment Fund during your lifetime with either securities or cash, simply contact Shine Through The Rain Foundation’s Planned Giving manager.
A Named Endowment Fund is established in your name or that of a loved one. You can designate the income from this fund for a purpose such as a specific Shine Through The Rain Foundation project, a Shine Through The Rain Foundation support service such as the Rainy Day Fund or simply to be used for the general purposes of Shine Through The Rain Foundation. The minimum gift amount for this fund is $10,000 and can be funded over five years with cash, securities, paid-up life insurance policies, or other assets.
To direct your gift to a specific area of Shine Through The Rain Foundation program services, use the following clause: I direct my Trustees to create the ____________ (Smith Family) Endowment Fund for the purpose of ___________ in accordance with the endowment policy of Shine Through The Rain Foundation.
For more information, please contact:
Major Gifts & Planned Giving
Shine Through The Rain Foundation
1211 Gorham Street, Unit 12, Newmarket, ON L3Y 8Y3
Phone: (905) 477-7743 Fax: (905) 477-4251
Federal Registered Charity, ID number 891881005RR0001