Endowment Gifts Establish a Solid Foundation
“The greater the work the more important it is to establish it on a solid foundation. Thus it will not only be more perfect; it will also be more lasting.” –St. Louise de Marillac
An endowment is an established fund of cash, securities, or other assets to provide income for maintenance of a nonprofit organization. The Epiphany Center has $110,000 in a permanently restricted endowment fund, and we welcome additional outright or planned gifts. In our 2010-11 fiscal year, Epiphany Center’s endowment fund provided $21,100 in general operating support. If you want to promote and strengthen family life in the future and are considering an endowment gift, contact Director of Development Amy Miller at (415) 351-4055 or amiller@msjse.org. Truly, an endowment gift establishes a solid foundation and keeps on giving!
Planned Gifts Help At-Risk Families For Years to Come
Will there be programs to help at-risk families in San Francisco fifty years from now? When you make a planned gift to Epiphany Center, the answer is yes. In our 2009-10 fiscal year, we received over $115,000 in charitable bequests, and we are humbled to be remembered by our friends with a vision for a better world and
a passion for our mission.
One of those friends is Alyce Biglia. Ms. Biglia lived at Mount St. Joseph* from ages ten to eighteen and was appreciative of her happy childhood there. According to the executor of her estate, Antoinette Sobalvarro, Ms. Biglia understood the importance of nonprofits in the community, and she volunteered with several organizations. Just as we had been entrusted to her care, Ms. Biglia entrusted part of her estate to ours.
If you have included Epiphany Center in your estate plan, we would love to hear from you. When you step forward, others are encouraged to do the same. Please contact Amy Miller, Director of Development, at (415) 351-4055 or amiller@msjse.org, and we will include you as a member of our John Sullivan Legacy Society - named in honor of the benefactor who gave the land on Market and Montgomery Streets, where our ministry to children began in 1852.
Additionally, planned gifts may be designated to Epiphany Center’s endowment fund. If you would like to ensure that future families in San Francisco have an opportunity to break the multigenerational cycles of abuse, dysfunction, and poverty, the following are planned giving options:
· Retirement Plans: Designate Epiphany Center to receive part or all of what remains of your retirement plan after your death. Such transfers can be a very tax-efficient way of making a gift.
· Insurance policies: Designate Epiphany Center to receive all or part of the proceeds of a life insurance policy. Ask your insurance company for a beneficiary designation form.
· A Charitable Bequest: Contact your attorney to add a charitable bequest for Epiphany Center to your estate plan for a specific amount, a specific property, or for a percentage of the estate. This is most common.
· A Charitable Remainder Trust: Contact your financial advisor for a confidential analysis of the tax and income benefits available to you and your family through a charitable remainder trust.
Epiphany Center has served at-risk families for 160 years, and planned gifts allow us to continue this work for years to come. Thank you!
*Mount St. Joseph cared for orphaned children before it merged with St. Elizabeth in 1976. In 2008, our name changed from Mount St. Joseph-St. Elizabeth to the Epiphany Center.
