The ICS Endowment Fund
The Interfaith Community Services Endowment exists to sustain ICS’s mission of compassionate service into the future. As our endowment grows, it provides a stable, predictable source of income for capital and operating needs, while giving ICS a safety net to weather fluctuations in funding. The demand for ICS’s services to help seniors, disabled individuals and families in financial crisis has never been greater. A strong endowment is vital to ensuring ICS has the capability to serve our community today and for years to come.
Gifts made to the ICS Endowment are professionally invested to produce income and increase principle. The principle is never invaded, but continues to grow over time. Fund performance is monitored by the ICS Finance Committee.
Contributions to the ICS Endowment can be made through donating cash or special gifts, including a bequest in a will or trust. Other options include making ICS a beneficiary of a life insurance policy or retirement account like an IRA. There are also planned giving trusts, including some that generate income for the donors while creating a gift to ICS. Gifts of $50,000 or more can be designated for a particular purpose or program with naming rights.
Making a gift to the ICS Endowment ensures additional tax benefits to donors. It also allows you to give in perpetuity so your gift keeps on giving…forever.