An endowed gift is both a gift for the future and a gift for today.
Outright pledges of cash, securities, or property to the Steamship Historical Society of America may be paid over a five-year period and receive credit equal to the amount of the promise.
You receive tax benefits for an endowed gift and also have the satisfaction of knowing your gift will provide income in perpetuity.
By establishing an endowed fund or adding to an existing one, you ensure the principal of your gift is maintained in perpetuity. At the same time, a portion of the income generated by the principal of your gift is distributed annually to support our programs. Depending on your intentions and the nature of the gift, a separate fund may be established or an existing one increased.
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