Deferred or planned gifts allow you to leave a legacy of support for SCPS students that can also benefit you and your family during your lifetime.
Endowments fund scholarships, equipment, programs and initiatives by providing The Foundation with a stable income source. When you create an endowment, your gift is invested and the income generated is used to support the designated program in perpetuity.
You may name your endowed fund and specify qualifications and restrictions for its use. In addition to endowed scholarships, endowed funds also provide revenue for schools, athletic programs and district-wide initiatives – things like classroom libraries, basketball programs and county-wide reading initiatives. Endowments also can provide unrestricted funds for schools, district leadership and The Foundation to support the greatest needs every year.
Generally, a minimum $10,000 investment is required to establish an endowment. It can be given by a single donor or raised over time by multiple donors. Anyone may contribute to an existing endowment to increase the impact. Please consult your legal or tax advisor, then contact Foundation Executive Director at 407.320.0176 to explore your planned gift options.