Grand Rapids Community Foundation

For good. For ever.

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Endowment Giving


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An endowment can be compared to a savings account or a retirement savings plan. People make donations to an endowment and the funds are invested with growth as a goal. From the income, grants are made and the principle of the gift always remains intact.

In the case of the Community Foundation the gift remains whole forever and a portion of the income - about 5 percent a year - is spent on grantmaking. This "spending rule" allows for continued growth of the endowment through reinvestment of earnings and new gifts.

© Grand Rapids Community Foundation - 185 Oakes Street SW - Grand Rapids, Michigan 49503 - 616.454.1751

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