INFORMATION FOR ENDOWMENT BENEFICIARY DESIGNATION FORMS (IRAS, 401KS/403BS, ETC.)
Endowments are designed to provide a permanent source of income by keeping the original amount invested and using the accrued income from dividends for its charitable purpose. Donations to the endowment mean the Symphony can depend on a reliable source of income, compete nationally for talent, maintain an extensive schedule of concerts, and extend our services to under-resourced people in our community.
Endowments are given to non-profit organizations with the intention that they be used to advance the mission of the organization for the long term. Sustaining a well-funded endowment with the Spokane Symphony ensures ongoing financial support for the organization.