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|
|Charitable Gift Annuity or Charitable Remainder Trust||$10,000 $25,000||Cash, Marketable Securities, Income Producing Assets|
|Charitable Lead Trust||$25,000||Cash, Marketable Securities, Income Producing Assets|
|Life Insurance Policy (new or paid-up policy)||Any Amount||Cash|
|Named Funds||$10,000||Cash, Marketable Securities|
|Retirement Plan||Any Amount||401 K, Marketable Securities|
|Appreciated Stock||Any Amount||Stock and Bonds|
|Real Estate||Any Amount||Home, Rental Property, Land|