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In its first fifteen years, the Foundation has not only attained its initial goal of a $1 million Endowment, but surpassed it by 2 ½ times. As of the close of 2007, the Endowment stands at $2,500,000 with a new goal of achieving $3 million to insure that Highland Parks nonprofit agencies and new programs will have investment income resources in perpetuity. When you support the Foundation your money works where you and generations to come will be able to see the results. ENDOWMENT FUND DONATION Donations go directly into the fund and stay in the fund, the revenue from which provides the means for the Foundation to make grants annually. Payment Options:
Highland Park Community Foundation is classified by the IRS as a 501(c) (3) organization. Contributions are tax deductible to the full extent allowed by law. A gift of any size is welcome and will help the work of the Foundation. Go to Pledge Agreement. OTHER OPTIONS: AFFILIATED FUNDS The Foundation offers its organization, financial management and 501 (c) (3) status to those who wish to establish their own fund to benefit the community. A minimum of $10,000 is required. PASS THROUGH DONATIONS Some organizations and individuals are restricted to gifts exclusively to 501 (c) (3) entities. This service is offered on a case by case basis. |