A portion of the purchase price of the grave is contributed to an endowment care fund. Income from the endowment care fund is used to provide regular care and maintenance at the cemetery. Regular care and maintenance activities can include: cutting grass, maintenance of graves, planting and caring for trees, maintenance of water supply systems, roads, drainage, etc. This contribution to the endowment care fund is mandated by Florida law.

endowment at the SIUE Foundation preserves the principal while providing income for a program account as specified by the donor. An endowment may be established at any level above the minimum endowment level and may support any type of program account with the exception of a benefit account. The SIUE Foundation’s Investment Policy sets the percentage of earnings from the endowment accounts that may be distributed as income to the program accounts.

endowment may be created for a minimum of $15,000. Endowments may also be created to reach the minimum endowment level over a period of up to five years. Endowments may also be created at more than the minimum level.

endowment to support a scholarship may be created at the minimum endowment level of $15,000, but this will only provide partial scholarship support. Currently, it takes an endowment of at least $80,000 to provide significant scholarship support.

The endowments are actively managed in compliance with our investment policy, which reflects compliance with Montana law, our view of the financial marketplace and our responsibility to protect and grow principal and to provide for annual distributions. In the simplest terms, our investment goals are: The balance of all endowment funds is invested in a pool, which is now of sufficient size that it can be managed actively.

The funds managed for all beneficiaries of the Montana Community Foundation (except those held as trusts) are assets of the Montana Community Foundation. The contract signed by the donor and the Montana Community Foundation when the endowment is created stipulates that the earnings must be paid to the beneficiaries specified by the donor.

endowment life insurance policy is designed primarily to provide a living benefit. Therefore, it is more of an investment plan. Endowment life insurance pays the face value of the policy either at the time of death of the policyholder or at the time of maturity of the policy. The policy is a method of accumulating capital for a specific purpose and protecting this savings program against the saver's premature death.