Endowment gifts ensure that the Chicago Humanities Festival’s mission of bringing the arts and the humanities together in an intellectually stimulating and entertaining festival of ideas each year continues for future generations of Chicagoans. When endowment gifts are received, the principal is held in perpetuity, with part of the annual earnings generating ongoing support for activities designated by the donor.
Endowment gifts can be directed to the Festival’s general endowment fund or can underwrite specific types of programs and positions. By ensuring a continuous source of funding for Festival initiatives, each endowment fund enriches the Festival. Furthermore, the stability of an endowment encourages strategic planning and program expansion.
Despite the fluctuations in the financial markets, the Chicago Humanties Festival’s endowment pool has provided a steady stream of income due to careful management of assets and the increasing generosity of donors.
Named funds, which begin with a gift of $25,000, offer the opportunity to honor your family’s commitment to the Chicago Humanities Festival or honor or memorialize a loved one. Endowments can be established through contributions of cash, stock, real estate, charitable remainder trusts, or bequests. Pledged payments, normally on a five-year timeline, are welcome.
To discuss endowment funds, please contact the Festival’s development office at 312-661-1028 ext. 719.