Endowment gifts provide a reliable source of income that enables Thornwell to make long-term investments in highly trained staff, deliver essential programs to children and families in need, and offer evidence-based opportunities that empower individuals to thrive for generations to come.
An Enduring Legacy at Thornwell
Your legacy can live on through an endowed fund at Thornwell, supporting children and families for generations to come. Endowed funds are invested in perpetuity, with annual distributions used to sustain Thornwell’s mission.
Why Create an Endowed Fund?
- Celebrate your values or honor a loved one.
- Provide lasting support for Thornwell’s work.
Join a tradition of generosity dating back to 1874, when Dr. Jacobs, Thornwell’s visionary founder, wrote:
“My soul is greatly rejoiced and magnifies the Lord. We received last night a donation…OH, how rejoiced I am for this proof of God’s love to the Orphanage. We propose to keep it as the beginning of our endowment fund.” -December 5, 1874
Family Fund Opportunities
Thornwell welcomes newly created family funds into its permanent endowment with a minimum commitment of $25,000. These funds may be designated in one of two categories:
- General Endowment: Income is used where it’s needed most, without restrictions.
- Infrastructure Endowment: Supports campus beautification, staff development, software, program innovation, and business operations—preserving Thornwell’s living history.
Flexible Giving Options
You can establish an endowed fund:
- During your lifetime
- Over time, through incremental gifts
- Through your estate plans
Many donors start with modest contributions and grow their fund through wills, trusts, or other planned gifts.
Ways to Fund Your Endowment
- Retirement Plans: Name your fund as a beneficiary of your IRA, 401(k), or pension—an easy, tax-wise option.
- Beneficiary Designations: Assign your fund as the beneficiary of bank or investment accounts, or life insurance policies.
- Charitable Bequests: Include your fund in your will or trust by specifying a dollar amount, percentage, or residual portion of your estate.
Let’s Talk! If you’re considering an endowment gift, our Gift Planning team is here to help. We’ll guide you through the process and create an agreement that reflects your intentions. Contact the office of the Vice President for Mission Advancement, Elizabeth Milhous, at emilhous@thornwell.org