Children’s Cancer Fund has invested more than $7,000,000 in endowments for supporting pediatric cancer patients at Children’s Health and UT Southwestern.
TeamIzzy Foundation Research Endowment supported by Children’s Cancer Fund
Carolyn & David Brown Endowment for Child Life Services Honoring Russell McKeown
Jerry Standlee Memorial Fund
Children’s Cancer Fund Pet Therapy Endowment
Myra Joy Deal Endowment supported by Children’s Cancer Fund
Children’s Cancer Fund Comprehensive Center for Pediatric Oncology Research
Children’s Cancer Fund Distinguished Chair in Pediatric Oncology and Hematology
Children’s Cancer Fund Distinguished Professorship in Pediatric Oncology Research
Endowment gifts are established to provide perpetual support for a project, program, or other need that is close to a donor’s heart. Contributions made to establish endowments are invested to generate earnings. Each year a portion of the earnings from the fund, as determined by the spending policy adopted by the board, will be used to support the designated purpose of the gift. Earnings in excess of the amount to be spent will be returned to the fund and reinvested allowing the principal to grow. As the principal grows, the earnings will also grow and continue to provide an ongoing source of support for the purpose designated by the donor.
Endowments are especially well suited for those areas that need a sustained source of annual income and one that can provide support for a project, program, etc., in perpetuity. Invested for long-term growth and carefully managed to preserve capital, endowments provide a lasting legacy for donors and help secure the future for the fund’s designated purpose. A minimum gift of $50,000 is required to establish an unrestricted endowment.