An endowment is a permanent gift. When you create a charitable endowment fund through the Kitsap Community Foundation (KCF), you have the opportunity to benefit the community forever. Your gift is invested and earnings from your fund are used to support community needs. Your gift and all future earnings are a permanent source of community capital, helping to do good work today and in the future.
Donors who endow their gifts can make a difference in their community during their lifetime or through their wills and, at the same time, provide a gift that lasts forever. Grants will continue to be made in the name of the fund you establish so that your charitable wishes are preserved, even if an organization receiving grants ceases to exist in the future.
Leaders of a non-profit organization may also look to KCF to hold their organization's endowment because they know that having a constant source of funding helps them respond to emergency needs as well as plan for the future and sustain the good work they do.
When donors or non-profit organizations work through KCF to achieve their charitable goals, they benefit from the expertise of experienced staff, community leadership, and investment management.