An endowment fund serves as an investment in the future, providing ongoing financial security while enabling continued operations. The principal of the fund is carefully invested, while the interest generated supports Foundation programs on an annual basis.
St. Margaret Foundation is now working to ensure its future as a premier community resource by raising a $50 million Endowment Fund to build an enduring legacy on behalf of, and in support of, its neighbors.
When fully realized, an endowment with a principal of $50 million would yield annual interest income equal to approximately 4% of operating expenses, providing a crucial long-term financial stability.
We invite those who want to secure the Foundation’s long-range vitality to join us by contributing to our Endowment Campaign. For those who find now is not the right time to contribute, please consider Planned Giving as an alternative means of supporting the future of the Foundation. The Planned Giving program enables you to make strategic contributions through a bequest in your will, living trust or gifts that provide benefits during your life and the life of a loved one.