Permanent charitable donations or ‘endowments’ are a means for donors to effectively support educational excellence in the School District and leave a lasting legacy in the community. The Foundation provides stewardship for, and disburses the earnings from, those endowment funds. Donors may designate earnings for a specific purpose, or allow the Foundation determine where the needs are the greatest. The law permits up to 5% of undesignated donations or endowments to be spent on administration costs.
Endowment funds provide a perpetual source of income. The result is a lasting legacy that addresses the needs of today and the challenges of tomorrow.
The Foundation is dedicated to facilitating our donor’s charitable goals, building a lasting community endowment and helping to improve the quality of life in Anacortes.