It’s easy to establish and endowment with the Michigan FFA Foundation.
- Endowed funds may be created with a minimum of $50,000 payable over five years, or through a future gift (a bequest) from your estate.
- Development staff will work with you to establish guidelines for your endowment to assure that your wishes and the needs of FFA are simultaneously met. These guidelines can be personalized to recognize the unique interests and intent of each gift, as well as create the opportunity to name the endowment after you, in honor of your family, or in memory of someone special.
- Once an endowment is established, a portion of the investment income, currently 5%, is available for spending, while the remainder is added to the fund’s market value to grow the fund over time and safeguard against inflation.
- With your gift or pledge to create an endowment, you will automatically be eligible for recognition in Michigan State University and Michigan FFA donor societies.