|Securing the Future
Securing the Future is a bi-annual publication of the CHOC Foundation highlighting estate gifts. It features long-time donors and explains how their charitable gifts have supported the hospital through testamentary gifts, legacy planning, and retirement income planning.
Endowments Provide a Permanent Source of Income for CHOC
Our financial needs are constant and always growing. To ensure the stability and future success of CHOC, you may want to consider the benefits of an endowed fund, which would support one of our many programs or centers of excellence. But have you ever wondered how an endowment actually works?
Benefits of Endowments
In addition to providing financial stability, establishing an endowment allows you to name the fund and gives CHOC an opportunity to recognize your generosity in perpetuity?a gift that will make a difference for generations.
Many donors use an endowment to memorialize a family member or a special individual, or to say ?thank you? to a loved one or an organization. This could be a research fund in the name of a friend who passed away from a specific disease, or in honor of a loved one who volunteered at the hospital.
The gift to create the endowment can be made from cash, stock, life insurance, real estate or other assets, and only the earnings from the investment are used for the purpose you designate.
An endowment is a permanent investment in CHOC and our commitment to providing the best healthcare possible to the children of Orange County. It truly is a gift that keeps on giving.
If you are interested in endowing a program or service at CHOC, please contact Jeri Stathis, CSPG, Manager, Trust and Estate Gifts, at (714) 532-8690 or firstname.lastname@example.org.