Your Gift Can Last Forever
An endowment gift to Mount Carmel Educational 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 Mount Carmel. The remaining funds are reinvested to ensure indefinite support.
- Contact Michael Holland at 773-359-0485 or email@example.com to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include Mount Carmel in your plans, please use our legal name and federal tax ID.
Legal Name: Mount Carmel Educational Foundation
Address: 6410 S. Dante Ave.
Federal Tax ID Number: Please contact us for our federal tax ID number.
Start Paying It Forward
View and download your FREE copy of Endowments: A Gift That Lasts Forever.View My Guide
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure Mount Carmel 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 Mount Carmel, 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.