Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Carle Center for Philanthropy today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Carle Center for Philanthropy. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime Carle Center for Philanthropy supporters Charlie and Susan have two goals: First, they want to make sure Carle Center for Philanthropy continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Carle Center for Philanthropy, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact us to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Carle Center for Philanthropy in your plans, please use our legal name and federal tax ID.

Legal name: The Carle Development Foundation d/b/a Carle Center for Philanthropy
Address: 611 W. Park Street Urbana, IL 61801
Federal tax ID number: 37-1159978

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

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Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit