The Endowment Fund augments the foundation's financial goals by financing all operating expenses so that 100% of donations will go to grants and scholarships. Legacy givers with endowment gifts of $10,000 or greater are inducted into the Frank & Betty Kenan Society. With your legacy gift, you can help assure future generations that Landfall Foundation's commitment to benefit our communities' non-profit organizations will always continue.
In addition, the remainder of the endowment's annual distribution will be added to the grants' pool to be awarded to a recipient organization. This will help offer stability during times when donations may drop due to difficult economic periods.
Options For Your endowment:
Wills and living trusts
Lead Trusts: transferring income producing assets
Donating appreciated stock and/or mutual funds
IRA and 401(K): Name the foundation as a beneficiary
Life Insurance: Name the foundation as a beneficiary
Please consult with your financial advisor to determine the best option for you. If you have any questions, please contact the Endowment Committee at email@example.com.
To identify your options for endowment, complete the Contribution Form.
The Frank & Betty Kenan Society Members
Legacy givers whose endowment gifts are $10,000 or greater:
Cecile Blankenhorn Pat Hatcher
Catherine Bonnette Betty Kenan
Pascal and Jetta Boyd Thomas Kenan III
Barry and Janet Burkholder William and Frances McMillan
Ronald and Marilyn Gunther Philip and Ellen Pearsall
Jim and Mary Hagen Dan and Sheila Saklad
Bill Hamlet - in memory of Angie Hamlet Anne Sorhagen
John Hatcher John and Judy Talbert
William and Jackie Warwick
The Landfall Foundation Endowment Fund is professionally managed under the direction of the Landfall Foundation Endowment Committeee. Currently a special Endowment account has been set up with an SEC Registered Investment Firm who has helped the foundation for several years.