But unlike the battery that eventually runs down, the endowment fund lasts in perpetuity. Some endowment donors are attracted to the opportunity an endowment gives to memorialize a loved one or other respected person. They use this means to bring honor and recognition. An endowment can be created during life, or at death through a bequest or trust remainder. Endowments can be made at once with a single gift or established over time with repeated gifts.
Endowments can originate from a single source or through efforts and support of many persons.
Steve Meeker, executive vice-president of the BHSU Foundation, is available to assist you with your endowment gift giving. He also can meet with your attorney or other professional advisors to assist them with helpful background material. Tellinghuisen Talk is not intended for legal advice. For legal advice, please consult an attorney.