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An endowment gift to CID – Central Institute for the Deaf today provides a brighter picture for our future. When you make a donation to an 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 CID. The remaining funds are reinvested to ensure indefinite support.
Longtime supporters Charlie and Susan have two goals: First, they want to make sure their favorite nonprofit organization continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to their favorite nonprofit organization, which is invested, and each year, a portion of the income from the invested money will be used to support their favorite nonprofit organization's mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
Legal name: Central Institute for the Deaf
Address: 825 S. Taylor Avenue, Saint Louis, MO 63110
Federal tax ID number: 43-0662456
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