The Telemiracle Endowment Funds
The Kinsmen Foundation is pleased to announce the creation of Endowment funds. Under the agreement, the Kinsmen Foundation will hold donors' funds in trust and the income earned on the endowment during the year is allocated to unrestricted revenue for the year and recognized as an annual gift on Telemiracle. Donors' names will be printed on the crawl at the bottom of the screen.
The first donation to the fund was made in 2015.
Telemiracle Endowment Fund Donors:
Loretta and Alfred Romankewicz, Swift Current, SK
Lorretta and Alfred are proud to have been born, raised, work and continue to live in Saskatchewan. They are very proud of Saskatchewan and its generous people. Alfred is a retired finishing carpenter and Loretta, a retired school teacher. They have always been impressed by the Kinsmen and Kinettes and all the wonderful volunteers and supporters who have made Telemiracle a success from Day 1!
Making your own gift of an Endowment Fund
The advantage of establishing an endowment fund as the Romankewiczs have is that you receive a charitable donation tax receipt for the entire sum in the year of the donation, knowing that the gift will keep giving to Telemiracle year after year and your gift will be cared for by Kinsmen Telemiracle in your honour. If you would like to talk about making a gift over $25,000 in this way, please call our office.