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An endowment gift to the Community Foundation of Utah 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 the Community Foundation of Utah. The remaining funds are reinvested to ensure indefinite support.
Longtime the Community Foundation of Utah supporters Charlie and Susan have two goals: First, they want to make sure the Community Foundation of Utah 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 the Community Foundation of Utah, 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.
Legal name: Community Foundation of Utah
Address: 2257 South 1100 East, Suite 205, Salt Lake City, Utah 84106
Federal tax ID number: 74-3211770
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