Koochiching Museums
Endowments
Give a Gift That Gives Forever
What is an Endowment?
Endowments are often structured so that the principal value is kept intact, while the investment income or a small part of the principal is available for use each year. The Historical Society maintains four separate endowment funds; three of which are privately donated family funds and one general fund. These funds are currently invested in safe, low-risk securities, and through careful management and planning, we have been able to grow these endowments to provide modest income for the society over the past two decades.
Interested in Contributing?
A Named Endowment Fund may be established only with donated assets of $10,000 or more per fund.
If you wish to contribute to an existing fund, we have three funds open for public contribution. These include our General Endowment, the Nagurski Family Endowment, and the Paul Kavan Memorial Endowment. Contributions can be made in varying amounts and be given in Honor/Memory of an individual if the donor so desires.
Donors will be given a receipt and acknowledgement letter for their contribution. You also have the option to be publicly recognized on our website and in our front garden with a small plaque.*
*Garden plaques are available depending on donor contribution level.