Endowment Giving
The term “endowment” is used to describe funds that are set aside for the long-term benefit of an organization. For a family, it might be called a savings or investment account. The rising costs for patient care challenges us a providers to keep health care at levels which are affordable, while at the same time expanding services and outreach programs to focus on our long term strategic goals. By building a strong financial base we can secure the future of Ascension DePaul Foundation New Orleans by increasing the size of the Foundation's endowment. A percentage of endowment income will be used each year within the general operating budget unless restricted for a particular purpose.All of the Foundation's endowment funds will be managed together by professional, outside advisors. An investment committee of volunteers oversees the professional advisors for the endowment, and the Board of Directors establishes the policies that relate to it. The endowment grows each year from gifts from families and friends and strong investment growth. There are a number of funds that have been established to honor founders and friends of Ascension DePaul New Orleans. Ongoing gifts to the endowment are essential to secure the Foundation for the future.
We welcome your financial support of any kind. Gifts to the Foundation are tax-deductible to the fullest extent of the law. Credit cards gifts can me made online by clicking here. You can make a gift of cash, check, or securities to :
Ascension DePaul Foundation New Orleans
P.O. Box 4148
New Orleans, LA 70178-4148
Individuals making their gift in the form of appreciated securities may avoid capital gains and may receive other tax savings. Proceeds from the sale of these assets may be directed to any fund or program you wish. For security transfer information please contact: Monica Sanusi Gele, CFRE by phone (504) 212-9544 or by email monica.gele@dcsno.org