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SIRS Endowment“Four things come not back: the spoken word, the sped arrow, the past life, the neglected opportunity.” - Arabian Proverb What Is an Endowment? An endowment is a permanent asset invested to earn income. It offers the advantage of sustainable income over the long term by providing organizations with independence, greater ownership of resources, increased capacity for long term planning, access to new resources, and renewed relationships with a wider range of individuals and organizations in building a resource base. Endowments are built through contributions from individuals, businesses and others. Benefits to the Donors?The satisfaction of making a significant gift to SIRS during your lifetime. The advantage of avoiding or deferring capital gains taxes on gifts of appreciated securities or real property. Income tax deductions the year the gift is made, with carryover for five years, depending upon the donor’s situation. The potential for increased income during the donor’s and/or beneficiary’s lifetime. Professional investment management of the capital for the benefit of SIRS. Assets irrevocably given to SIRS are not subject to estate tax. Why does SIRS have an Endowment?SIRS is embarking on an endowment-building program to stabilize the financial resources of the organization—to fund the development of new and innovative programs and services for our customers. SIRS believes and practices the following values:
We are asking you to invest in SIRS... We are an organization with a successful history of community support and services to individuals with disabilities since 1968...an organization that is consistently recognized for its superior management of assets and is respected for its comprehensive approach in serving children and adults with disabilities. NOW IS THE TIME! Your contribution may be tax deductible as SIRS, Inc., is registered with the Internal Revenue Service as a 501(c)(3) not-for-profit corporation. SIRS provides services to adults and children with disabilities in Dubois, Perry, Spencer, Warrick and Vanderburgh counties. Your financial gift to SIRS Endowment will be managed by prudent financial experts and will have a long-term effect on the lives of the individuals, the families, and the communities that SIRS serves. For more information on Planned Giving or the Endowment, contact: Mary James, Marketing and Development Director at mjames@sirs.org or call 812-897-4840.
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