Establishing an endowed fund is a great way for donors to leave a permanent legacy to Tallaght University Hospital.
Endowments are ongoing funds which may be established for a specific purpose designated by the donor and provide the hospital with a long-term financial resource. An endowed fund is “the gift that keeps giving,” because it generates annual income for the hospital.
Endowment funds are invested and each year a portion of the fund’s income is used for the hospital programme or service designated by the donor, while the rest of the return is re-invested to preserve and grow the original gift.
An endowment can be established at Tallaght University Hospital Foundation with an initial gift of €25,000 or more. Donors can name the fund after their family, a loved one or themselves.
Tallaght University Hospital Foundation is here to guide you through the process of creating an endowment fund. For more information, please contact Kelly Crowley on 087 2728116.