Pasadena Community Foundation (PCF) invites those who care about the greater Pasadena area to create a legacy for the future with a named endowment.
Endowments support PCF’s grant making for causes you care about and become a powerful and sustainable tool to changes lives locally. They are truly the gift that keeps on giving.
An endowed fund (also referred to as an endowment) preserves and grows charitable assets in order to support a cause, organization, or scholarship in perpetuity. Gifts made to an endowed fund form the “corpus,” which is not donated, but instead invested for long-term growth. An endowment fund yields interest, and that interest is donated to the designated nonprofit recipient, creating a permanent and ever-increasing source of financial support.
Create a named endowment to support your favorite cause, memorialize a loved one, mark a lifetime milestone, or simply pay your good fortune forward.