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When
you include Boston Rescue Mission, Inc. in your will/trust or as a beneficiary
of a retirement plan or life insurance policy, Boston Rescue Mission will invest
the funds in the Boston Rescue Mission Endowment with other previous gifts. A
team of investment professionals manages the entire endowment. Each year, Boston
Rescue Mission receives a distribution of approximately 5% of the value of the
fund. If the endowment earns an average of 8%, the additional 3% remains in the
fund; thus your original gift to Boston Rescue Mission will increase over time. The
Endowment Chart illustrates
the growth of the annual distributions to Boston Rescue Mission of an endowment
gift under these assumptions.  The
3% net growth in the fund each year means the following year there is a greater
amount available to Boston Rescue Mission. Looking at the chart, you can see that
in the tenth year the fund has grown to the point where it is able to provide
$1,361 to Boston Rescue Mission. Each year it will continue to grow. In year 50
it will be able to provide $3,799 dollars to Boston Rescue Mission. All
told, over the fifty years we have charted, the fund will have distributed a total
of $108,367 in annual distributions to Boston Rescue Mission. All that from a
single $20,000 gift that has now grown to almost $76,000 and continues to provide
needed distributions to Boston Rescue Mission. Of course, this is based on the
assumptions we outlined in the opening paragraph; that the fund grows at 8% each
year and pays out 5% to Boston Rescue Mission leaving 3% additional in the fund
each year. Your original gift is not depleted;
it provides annual support each year into the future. The
Future Value Chart
illustrates how a gift of $20,000 to the Boston Rescue Mission Endowment will
grow, providing greater annual distributions to Boston Rescue Mission. The illustration
assumes the same average investment rate of return of 8%, which is not a guarantee,
and annual distribution to Boston Rescue Mission of approximately 5% that we used
above. Click
here to return to the planned giving home page.
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