Endowment Funds

Giving to the Community Hospital Health Foundation Endowment Fund is truly a gift for the future. Endowment fund gifts are invested, and only the interest earnings of the gift are used to support programs - the gift principal remains intact.

In this way, a gift to the Endowment Fund continues to give indefinitely, providing needed funding for the hospital, and benefiting generations of families in southwest Nebraska and northwest Kansas.

By providing a stable and dependable income stream, Endowment Fund earnings give Community Hospital the flexibility to meet the ever-changing health care needs of the community.

There are three primary ways in which endowment gifts are being used to benefit Community Hospital:

Board-Designated Endowments

These funds are not earmarked by the donor for specific purposes, allowing the Board of Directors the flexibility to utilize endowment earnings in the manner that best meets hospital needs at any given time.

Donor-Designated Endowments

These are endowed gifts which support specific purposes. You may, for example, designate that earnings from your gift be used to purchase medical equipment, or provide for a specific service such as physical therapy. (To ensure that your designated gift will be of optimum benefit to the purpose you choose, we recommend that you first discuss these options with the Foundation.)

Reinvestment

The Foundation Board of Directors recognize, too, that growth of the Endowment Fund is not only a matter of new gifts - it also depends in part on reinvestment of some earnings. Reinvestment, a further sign of our careful stewardship of gifts, means the Endowment will continue to grow and benefit the community we serve.