March 2021

Do you have questions about estate planning? Planned giving? Your will? Each month, we feature new articles and interactive features. We also share news about the charitable endowments under the umbrella of Hindu Heritage Endowment.

The Kadavul Nataraja Ardra Abhishekam Endowment, fund #08, provides funds for puja supplies such as flowers, abhishekam supplies from India, naivedyam, additional milk and yogurt, honey, fruits, fruit juices and clothing for the Deity for the monthly Ardra abhishekam

Your Gift Can Last Forever

Uncover a Way to Give That Ensures Your Support Never Stops

Have you ever considered establishing an endowment? It’s a powerful way to make a gift to our organization that continues indefinitely, while also realizing tax benefits for your kindness.

How an Endowment Works

You give cash, securities or other assets to an endowment fund you create. Another option is to contribute to our already established endowments.

If you can’t give up assets today, consider making the gift in your will, specifying that your gift be used to fund an endowment.

Example

Let’s say you would like to make sure our organization receives $1,000 every year after your lifetime. If we spend 4 percent of our endowment each year and reinvest the difference to offset inflation, you would need to donate $25,000 to continue your $1,000 annual gift indefinitely.

To calculate other potential scenarios, simply divide the amount you would like us to receive each year by the percentage in the endowment spending policy. This will give you the amount you would need to donate to extend your annual gift forever.

Visit "What you need to know to open a new endowment" for more information about making a gift that will help secure our future.

Did you know? Your endowment can finance a particular project, sustain a continuing program or provide for our current crucial needs.