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The Kennedy Center Endowment Fund

The Kennedy Center Endowment Fund was started in 1990 to safeguard our agency as well as fund new program initiatives. Over the years, it has not only fulfilled its job in providing start-up dollars for innovative programs like our Norma F. Pfriem Foundation Center for Alzheimer’s at Faust Hall and the Autism Project, but it has also helped bridge the gap in our operating budget when state and federal funding sources fell short of covering the increasing costs of care.

Gifts to the Endowment Fund are a wonderful way to honor or memorialize a person as well as support a specific purpose that matches your personal interests with the needs and priorities of The Kennedy Center. Your legacy does matter. The Kennedy Center Endowment Fund recognizes those who have included The Kennedy Center in their long-range financial and/or estate plans. The Legacy Society has been established to recognize and thank friends and families who have made a bequest or planned gift to The Kennedy Center. You may also establish a permanent Named Fund with the Endowment with a gift of $10,000. A Named Fund is not recognized until the funds are received and gifts can be added at anytime by anyone at any amount.

Our Board, along with our committees and consultants, strive to govern the Endowment with great care and prudent judgment. We are committed to investing wisely and spending carefully to preserve and grow this support that is so vital to our programs and our individuals. By doing so, all of us have made a commitment to empower the children and adults with disabilities and special needs in our community through innovative programs and continued quality services. It is a commitment that will have an impact for decades to come.

To learn more about The Kennedy Center Endowment Fund and planned giving options contact The Kennedy Center Vice President of Development at 203.365.8522, ext. 2049 or email.

The Kennedy Center Endowment Fund planned giving options include:

Gift Vehicle Minimum Gift Size Assets Benefits
Bequests Any Amount Cash, Marketable Securities
  • Passes free of estate tax
  • Charitable estate tax deduction
  • Largest possible tax deduction this year
Charitable Gift Annuity or Charitable Remainder Trust $10,000 $25,000 Cash, Marketable Securities, Income Producing Assets
  • Immediate charitable income-tax deduction
  • Reduction of taxable estate
  • Increased spendable income
  • A way to provide income for family and receive a tax deduction at the same time
Charitable Lead Trust $25,000 Cash, Marketable Securities, Income Producing Assets
  • Immediate charitable gift tax deduction
  • Reduce or eliminate gift tax of future transfer of assets to remaining beneficiary
  • Reduction of taxable estate
Life Insurance Policy (new or paid-up policy) Any Amount Cash
  • Additional tax benefits
  • Give gift from income rather than capital
  • Make a substanial gift at low annual cost
Named Funds $10,000 Cash, Marketable Securities
  • Pays tribute or memorializes a person or family while investing in the future of the agency
  • Can be paid over a period of time
Retirement Plan Any Amount 401 K, Marketable Securities
  • Eliminate income tax on retirement plan assets
  • Free up property to pass to your heirs
Appreciated Stock Any Amount Stock and Bonds
  • Avoid capital gains liability
  • Buy low and give high - costs you less than the benefit it delivers to the agency
Real Estate Any Amount Home, Rental Property, Land
  • Avoid capital gains tax
  • Receive income tax deduction with the option of a gift that doesn't affect your lifestyle