What exactly is an endowment?

-        Simply put, it's a fund comprising donations that create a source of income to support an organization or ministry.  Here are a few ways people can fund an endowment: Cash; Stock; Farm commodities (i.e. grain, corn, livestock); A bequest (naming an endowment in will); A charitable gift annuity (the gift that gives back).

Need more information:

-        If you have any questions about the Newman Center’s or Newman House’s endowment funds, feel free to talk to Deacon Curtis Kaufman at 701-402-3806 or curtis.kaufman@undcatholic.org or Steve Schons at 701-356-7926 or steve.schons@fargodiocese.org.

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