Q: What is a Wishes Forever® endowment fund?
An endowment fund is a permanently restricted, self-sustaining source of funding. Endowment assets are invested. Each year, a portion of the fund’s earnings are paid out to support wishes. Any earnings in excess of this distribution are used to build the fund’s market value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity. When you establish an endowment fund, you create a permanent legacy of wish granting for Make-A-Wish®
in your name.
Q: How much money does it take to fund an endowment?
There are two key types of endowment, each with different participation levels:
Q: Do I need to fund my endowment in one payment?
- Wish in Perpetuity - $150,000 will establish a named endowment, allowing you to designate specific wish-granting guidelines. This will grant at least one wish every year, forever. Wishes are selected by an internal Make-A-Wish review committee, based on your designation.
- Family Legacy Fund - $500,000 will also establish a named endowment, but this fund will grant approximately three wishes each year. Additionally, with a Family Legacy Fund, you and multiple generations of your family will participate first-hand in selecting each wish, including reviewing wish applications.
No! We can accept pledges for up to five years, or you can create an endowment through a planned gift (will, trust, life insurance policy). You can even invite friends and family to donate to your endowment! Initially, however, we will require an endowment agreement to create the fund. This agreement between you and Make-A-Wish permanently defines the wish-granting parameters of the fund.
Q: Who manages the Wishes Forever endowment assets?
The Make-A-Wish endowment fund assets are managed by BNY Mellon, N.A, with oversight by a national investment committee made up of national board members with financial expertise.