What is an Endowment Fund?
An endowment is an investment fund set aside for the long-term support of an organization.
Only the income, or a portion of the income from such a fund, is made available to spend. The principal is preserved in perpetuity, that is, it is held forever. All funds are held in the organization's name. The invested money is protected, allowing it to grow.
Sustaining the long-term vitality and growth of the ISSWSH, the General Endowment Fund will allow our organization to put more income into planning quality scientific programs, and explore new initiatives, while using the current income to maintain our daily operations. Each contribution will be acknowledged and recognized at the annual meeting, on the website, and through other communications.
Since ISSWSH is a 501(c)(3) organization, gifts may be deductible as a charitable contribution, please consult with your tax advisor.
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