What Is an Endowed Named Fund?
Do you want to create lasting financial support for the causes you care about? An endowed fund at Gordon Memorial Hospital Foundation allows you to support rural healthcare in a way that lives on forever.
Endowed funds are permanently invested, and a portion of the earnings is used each year to support grants that you recommend. The fund itself remains intact, providing a reliable source of support for generations to come.
How Endowed Funds Work
An endowed named fund can be started with a minimum gift of $25,000. Once the fund is established, each year about 5 percent of its market value is made available for grants, based on the Foundation’s spending policy.
You can choose how your fund is used:
- Support one or more organizations
- Focus on a specific program, department, or healthcare need
- Recommend grant distributions annually
The Foundation manages the fund and handles all administrative details, ensuring your gift is preserved and used responsibly.
Why Choose an Endowed Fund?
Endowed funds are a smart option for donors who want to:
- Create long-term financial impact with a one-time gift
- Support their favorite causes forever
- Honor a family member or loved one with a named legacy
- Support nonprofit groups without an endowment of their own
Your named fund will be professionally managed and used to benefit Gordon Memorial Health Services in perpetuity.
Designate an Endowed Fund Your Way
Are you passionate about a specific field of care or a type of service? You can create a Designated Endowed Fund to focus support on an area of interest such as:
- Medical technology and equipment
- Long-term care
- Women’s health
- General rural healthcare access
By choosing where the earnings go, you ensure your legacy supports the things that matter most to you.
Add to an Existing Fund or Create Your Own
Endowed named funds can grow over time. You or others can continue to contribute to a fund, increasing its long-term impact. We are honored to work with donors to:
- Establish and name new funds
- Add to existing funds
- Ensure proper use and reporting
The Foundation handles all fund administration and reporting, so you can focus on your vision for giving.
Start Your Fund Today
We would be happy to talk with you about starting or contributing to an endowed named fund. Together, we can build a lasting legacy that supports quality healthcare in our rural community for years to come.
Contact us at gmhfoundation@gordonmemorial.org to learn more.
Other Ways to Give
If an endowed fund isn’t the right fit, there are many other meaningful ways to support the Gordon Memorial Hospital Foundation:
- Make a one-time or recurring online donation
Donate Today. - Give in memory or honor of a loved one
Memorial Gifts - Include us in your will or estate plan
Planned Gifts - Donate cash, check, stocks, or bonds
- Include us in your will or estate plan
Charitable Giving
Every donation makes a difference, whether it’s a planned legacy or a gift that helps today. We are grateful for your continued support of healthcare in our rural community.