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Endowments

Bequests | Charitable Remainder Trusts | Life Insurance Policies | Endowments

An Endowment is a contribution where the principal is held in perpetuity and the income or interest from the principal is used for the purposes as outlined in an endowment agreement. The purposes for which the interest may be spent can be very general in nature or restricted to a specific area. Endowments do not allow the trustees to draw from the principal, unless outlined in the agreement. An endowment gives the donor the opportunity to give a gift that will continue to provide revenues into the future.

An endowment gift is an ideal way to leave a lasting legacy to The War Amps and commemorate or memorialize yourself, a spouse, your parents or children.

What are the benefits of Endowments?

An endowment can be designated to a specific War Amps program, such as CHAMP. The capital may be increased at any time by additional donations by the donor, family or friends.

Your lawyer or financial advisor can provide information on establishing an Endowment Fund.