Why do these people choose to make
endowment gifts to the Friends?
Endowments with the Friends of The Moncton
Hospital Foundation continue to grow because
more and more of our caring supporters
recognize the benefits of creating their own
endowment funds.
Some prefer to launch their endowments
now so they can see results during their lifetime,
while others make arrangements to establish
endowments later on with estate assets. Even
further, there are those who choose to start an
endowment now and add more to it later
through a bequest.
Why do these people choose to make
endowment gifts to Friends?
There are a number of reasons, of course. Here
are five you may wish to consider:
1. Durability. The idea of creating a perpetual
stream of financial support makes sense
to people who see a similarity between
retirement funds and endowment provisions.
They like the concept of a fund that is guarded
and invested separately from other assets so
the principal of the fund will stay intact. Only
the income or a portion thereof will be used to
support the Foundation.
2. A Positive Legacy. When donors attach their
names to an endowment fund, they create an
enduring legacy that will outlive them and
influence succeeding generations. Children,
grandchildren, great-grandchildren and other
family members and friends will be reminded
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of the person’s values and commitments.
Endowment funds can also be used to honor the
lives of others who have made significant
impact on the donor and/or the Friends.
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3. Perpetuate Annual Gifts. Many donors see
an endowment fund as a means to underwrite
their own regular giving to the Friends. For
example, an endowment fund of $25,000 could
create an annual “gift” of over $1,000. It’s a great
way to keep giving year after year.
4. A Stronger Hospital. Each year, the Friends
Foundation aims to raise a certain amount of
money, in order to improve on existing services
and support new advances in health care at The
Moncton Hospital. Raising money for the “here
and now” is always a priority. Annual payouts
from the endowment funds relieves some
of this pressure and permits the Board and
Executive Team to plan more confidently for the
Hospital’s future. An organization with a strong
endowment is simply more financially stable.
5. Personal Satisfaction. There is something
wonderfully fulfilling about doing something
good that lasts, something that really makes a
difference. Other kinds of giving are important,
but having your name on a fund that will benefit
others for centuries is truly satisfying.
SPECIAL CARE RESIDENCES LEVEL II WITH SECTION FOR INDEPENDENT SENIORS
RÉSIDENCES DE SOINS SPÉCIAUX NIVEAU II ET POUR AÎNÉS AUTONOMES
• Quality nursing care by a devoted team
of Registered Nurse, LPN and Resident
attendants
• Doctor’s visit
Our/notre mission:
• Soins de qualité par une équipe
dévouée d’infirmiers, d’infirmières
auxiliaires et de préposés aux soins
• Visites de médecin
EXCELLENCE, COMPASSION, INNOVATION
858-5858 • [email protected]
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You are urged to seek the advice of your tax
advisor, lawyer, and/or financial planner to make
certain a contemplated gift fits well into your
overall circumstances and planning.
If you would like to learn more about Friends endowment
opportunities, please contact: Hélène Ouellette by phone
at (506) 860-2307 or email [email protected]
Jean Coutu
123 Champlain St · (506) 859-1990
Open until 10:00 PM
Jean Coutu Santé-Beauté
600 Boulevard Dieppe #100 · (506) 854-7474
Open until 9:00 PM
Hélène Ouellette CFRE
Vice President, Development
and Administration
10
www.FriendsFoundation.ca/Endowment
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