Your Gift Can Last Forever
The Power of an Endowed Gift on the Marine Corps Scholarship Foundation
An endowment gift to the Marine Corps Scholarship Foundation today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the Scholarship Foundation. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure the Scholarship Foundation continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to the Scholarship Foundation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
Next Steps
- Contact our Planned Giving team at 703.549.0060 or plannedgiving@mcsf.org to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include the Scholarship Foundation in your plans, please use our legal name and federal tax ID.
Legal Name: Marine Corps Scholarship Foundation Inc.
Address: 909 N. Washington Street, Suite 400, Alexandria, VA 22314
Federal Tax ID Number: 22-1905062
Gifts That Pay
Learn more about the many benefits of a charitable gift annuity in our FREE guide
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide
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Start Paying It Forward
View and download your FREE copy of Endowments: A Never-Ending Legacy.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Scholarship Foundation as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Scholarship Foundation as a lump sum.