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An endowment gift to the University of Southern Maine Foundation today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at USM. The remaining funds are reinvested to ensure indefinite support.
Longtime the University of Southern Maine Foundation supporters Charlie and Susan have two goals: First, they want to make sure USM continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to USM, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
Legal name: University of Southern Maine Foundation
Address: P.O. Box 9300, Portland, ME 04104-9300
Federal tax ID number: 04-3350930
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