The Pardee Hospital Foundation’s endowment supports the people, programs, and activities of Pardee Hospital in perpetuity. Due to the endowment’s growth through investment and charitable giving, the Foundation has provided funds for the recruitment and retention of excellent staff, for launching new programs and research efforts, and for supporting the wide range of important needs which make Pardee an exceptional hospital.
An endowed fund is a permanent, self-sustaining source of support. Each year, a portion of the value of the fund is paid out to support the fund’s purpose, and any earnings in excess of this distribution are used to build the fund’s market value. In this way, an endowment fund can grow and support its designated purpose in perpetuity. When you establish an endowment fund, you create a permanent legacy of support for Pardee.
Endowment Gift Types
General Endowment Gift
You can make a gift of any size to the Pardee Hospital Foundation’s general endowment fund. Every gift added to the general endowment provides more income for the Foundation to help the Hospital meet unexpected opportunities and needs. There may be an existing endowment that reflects your interests and to which you can add your support.
Specific Endowment Gifts
When you make a gift of $50,000 or more, you can set up a new fund within the Foundation’s portfolio. You can name the new fund for yourself, your family or another name of your choice. Your endowment Fund will be listed as “The (Name of your choice) Endowment Fund” in the Foundation’s Annual Report.
Contact us today to learn how you can help to ensure a bright future for Pardee Hospital.