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When you include Floyd Healthcare Foundation in your
will/trust or as a beneficiary of a retirement plan or life insurance policy,
Floyd Healthcare Foundation will invest the funds in the Floyd Healthcare Foundation
Endowment with other previous gifts. A team of investment professionals manages
the entire endowment. Each year, Floyd Healthcare Foundation 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 Floyd
Healthcare Foundation will increase over time. The
chart below illustrates the growth of the annual distributions to Floyd Healthcare
Foundation 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 Floyd Healthcare Foundation. 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 Floyd Healthcare Foundation. Each year it will continue to grow. In year 50
it will be able to provide $3,799 dollars to Floyd Healthcare Foundation. 
All
told, over the fifty years we have charted, the
fund will have distributed a total of $108,367 in annual distributions to Floyd
Healthcare Foundation. All that from a single $20,000 gift that has now grown
to almost $76,000 and continues to provide needed distributions to Floyd Healthcare
Foundation. 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 Floyd Healthcare
Foundation 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 below illustrates
how a gift of $20,000 to the Floyd Healthcare Foundation Endowment will grow,
providing greater annual distributions to Floyd Healthcare Foundation. The illustration
assumes the same average investment rate of return of 8%, which is not a guarantee,
and annual distribution to Floyd Healthcare Foundation of approximately 5% that
we used above. 
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