Endowment Funds

Elim Care maintains several endowment funds (see wish list). A team of investment professionals manages the entire endowment. Each year, Elim Care receives a distribution of approximately 5% of the value of the fund for the specified purpose. If the endowment earns an average of 8%, the additional 3% remains in the fund; thus your original gift to Elim Care will increase over time.

The chart on the left illustrates the growth of the annual distributions to Elim Care 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 Elim Care. 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 Elim Care. Each year it will continue to grow. In year 50 it will be able to provide $3,799 dollars to Elim Care and it will continue to grow.

All told, over the fifty years we have charted, the original gift of $20,000 to the fund will mean a total of $108,367 in annual distributions to Elim Care to support the fund's purpose. That single $20,000 gift will have grown to almost $76,000 and will continue to provide needed distributions to Elim Care. 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 Elim Care leaving 3% additional in the fund each year.

Your original gift is never depleted; it provides annual support each year into the future.

The chart on the right illustrates how a gift of $20,000 to the Elim Care Endowment will grow, providing greater annual distributions to Elim Care. The illustration assumes the same average investment rate of return of 8%, which is not a guarantee, and annual distribution to Elim Care of approximately 5% that are used for the specified purpose of the fund.

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Elim Care Corporate Offices
7485 Office Ridge Circle
Eden Prairie, MN 55344
(952) 259-4500