Endowment
favorite Endowment
An endowment is a permanent, self-sustaining source of funding, made up of gifts and bequests. The principal is kept intact in perpetuity and the income is available to provide financial support.
![](https://www.wayneart.org/wp-content/uploads/sites/3/2021/03/Steven-Laden-Meditation-Garden.jpg)
How does Wayne Art Center benefit from an endowment?
- An ongoing source of income
A permanent endowment is an invested pool of money that provides a reliable source of income in perpetuity.
- Enhanced stability
A well-managed endowment provides long-term financial stability and predictable annual operating support.
- Enables program expansion
Distributions from endowment funds can be used to develop new education, exhibition and outreach programs.
- Source of crucial funding during economic downturns
At times when private and corporate donations decline due to economic factors, endowment distributions provide essential support.
How do you, the benefactor, benefit?
- Create a sense of immortality
Because your gift will be invested permanently, it will extend your values and continue your support of the art center for generations to come.
- Make a significant investment in the future
There is great satisfaction in knowing that the assets you contribute will continue to grow and have a positive impact on the arts in our community for the future.
- Naming opportunities
For gifts of $100,000 and above, your contribution will be permanently memorialized at the Wayne Art Center. Gifts of $5,000 and more honored on a campaign honor roll.
To learn more about giving to the Wayne Art Center, please contact us or call 610.688.3553.