Endowments are permanent funds donated to an organization in which the principal amount is held in perpetuity and only the investment income or earnings are expended annually.
Endowment gifts provide a powerful and stable long-term source of funding for MIM. Endowed funds support activities not just for one year, but help make certain that MIM will exist as a resource for future generations. In keeping with MIM’s Investment Policy, endowment funds are invested prudently to ensure they can sustain current and future needs. Unlike annual gifts, the endowment provides a protected source of income not subject to cyclical variations in income and is cushioned against market fluctuations.
MIM’s endowment represents assets invested in a diversified portfolio designed to ensure current support as well as growth for the future.
Your gift of $25,000 or more could be added to MIM’s endowment fund in your name. For more information or to make a gift, contact MIM’s Institutional Advancement Department at 480.478.6062 or advancement@MIM.org.
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