How to grow an endowment
January 11, 2024
December is a busy, generous month. The giving spirit of the holiday season often moves people to support the causes they love. As year-end approaches, people also evaluate tax consequences and work to maximize their contributions.
At the end of 2023, the Seeley Lake Community Foundation received a very generous gift of $10,000 earmarked for our endowment. How did this happen? The donor simply called up the SLCF office to talk about what he was looking to do. Together we figured out the mechanics of this gift, and made it happen before his Dec. 31 tax deadline. I’m sharing what this loo...