Endowments
The goal of this form of gift is to ensure that the donor's intended wishes are as meaningful in the next century as they are today. Endowments form a long-term foundation for stewardship efforts as well as acquisition opportunities. Current gifts and those made through numerous planned giving vehicles are the nucleus of the endowment which then fulfills the donor's wishes in perpetuity.
You can designate your gift to benefit one or more areas of your choosing, or make an unrestricted gift, meaning funds will be used where the need is greatest at the Central Pennsylvania Conservancy. Your final choice depends upon your personal priorities, financial status and charitable goals.
A variety of opportunities exist for establishing endowments as well as for naming opportunities that coincide with your interests. Endowed funds are held in perpetuity, which means they will be invested to sustain CPC’s efforts across generations. The Central Pennsylvania Conservancy invests the initial endowed gift and only the income is spent.
Under current guidelines, a fund must total $10,000 or more before it can be an endowment. Pledges may be made so long as they are fulfilled within a five-year period. Donors may add to the fund at any time and may restrict the purpose of the gift.
Gifts are commonly made in the form of cash, marketable securities, real estate, personal property, life insurance, and provisions in a will or revocable trust. Other planned gift options include retirement assets, life insurance, real estate and life income gifts -- unitrusts, annuity trusts and gift annuities. With a gift of appreciated property, a donor avoids capital gain taxes while receiving a charitable deduction for 100% of the current value of the gift.
CPC places the endowed funds into a professionally managed long-term investment portfolio. Approximately 5% of the fund's market value is available each year for support of the fund's designated purpose.
The market value of each fund increases along with the growth in value of the total portfolio. Consequently, the donor who makes an endowed gift today may be confident that the gift will grow and continue to support its intended purpose far into the future.
Clifford L. Jones Stewardship Endowment Fund
Central Pennsylvania Conservancy is proud to announce the creation of the Clifford L. Jones Conservation Stewardship Endowment Fund.Cliff Jones’ visionary lifestyle and career has impacted and strengthened the economic prosperity and conservation efforts for all of us in the Commonwealth. Central Pennsylvania Conservancy is making his efforts last lifetimes through the creation of the Clifford L. Jones Conservation Stewardship Endowment Fund.
Stewardship is the careful and responsible management of taking good care of resources entrusted to one. In this case, our current and future conservation easements protecting the open spaces, riparian buffers, important bird areas and significant natural resources in the central Pennsylvania region.
Currently, much effort is being made to protect, clean-up and preserve important habitat, farm land, forests and watersheds. However, the continued oversight of these efforts must be visionary as well. All the hard work, expense and passion which fuel these efforts must have a plan for long-term compliance—the stewardship.
Currently there are no state programs which address the funding needs for stewardship efforts. The Central Pennsylvania Conservancy is creating the Clifford L. Jones Stewardship Endowment Fund to specifically address this need today and for future generations to come.
The economic vitality of this region is dependant upon a healthy environment. Your help and support is needed. Be a part of the visionary conservation work which has and will be done by making a gift/pledge to the Clifford L. Jones Stewardship Fund. Your gift is 100% tax deducible and 100% of it will be used right here in the central Pennsylvania region.
Please contact CPC’s Executive Director, Debbie Bowman at (717) 233-0221, to discuss planned giving options for the endowment, a pledge or general questions regarding CPC’s efforts.
