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What is an endowed gift?


An endowed gift, or an endowment, is an invested fund, a portion of whose earnings supports education. The rest of the earnings are reinvested to offset inflation. The principle investment from an endowment is never spent.

Because of sound fiscal practices as well as a conservative and responsible investment team, an endowment will perpetually support education, leaving a legacy in McKinney, Texas for years to come.

To establish an endowment, you must make an initial gift of $20,000, but can also use property, IRAs, or other assets to fund your endowment. Or you can build an endowment with smaller gifts over time. Our staff can work with you to establish a plan for building your endowment.

Have a question?

Please contact:

Executive Director
Melanie Perkins
mperkins@mckinneyisd.net

McKinney Education Foundation 510 Heard Street McKinney, Texas 75069

Phone: 469-742-6314

 

 

 

 

 

 

 
 

How to Donate

Thank you for your interest in MEF’s mission to help McKinney students achieve the dream of a higher education and to make education in McKinney the highest quality. MEF operates on donations from businesses, civic organizations, and individuals, and we could not help students achieve their dreams and build their futures without these gifts. When you give to MEF, you are changing young people’s lives! We would love to talk to you about how you can change students' lives with a donation to MEF. Please contact Melanie Perkins at 469-742-6314 to discuss the various ways you can contribute.

 

Would you like to make education a priority in McKinney, Texas?

Donate to McKinney Education Foundation

Ways to Give

There are almost as many variations on ways to make a donation as there are needs to be met. Explore this section to discover new ways to make a gift that also take into consideration your personal circumstances and the needs of your heirs.

Bequests

Learn how to help others and McKinney Education Foundation by using one of the most popular and simplest ways to make a gift.

Beneficiary Designations

Continue supporting our work even after your lifetime by naming us as a beneficiary of your retirement plan, life insurance or insurance annuity assets.

Charitable Gift Annuities

Read more about how to make a donation and, in turn, receive a fixed annuity payment each year for life.

Charitable Remainder Trusts

In the right circumstances, this plan can increase your income, reduce your taxes, unlock appreciated investments, rid you of investment worries and ultimately provide very important support.

 

 

 

 

Welcome to your resource for charitable gift planning! We've created this website to help you dream about our future and yours. If you're not sure where to begin, or if you already have gift options in mind, please give us a call!

Memorial and Honorary Gifts

If you have a family member or friend whose life has been touched by the McKinney Education Foundation, we hope you'll consider making a gift to us in honor of that person.

Memorials and Endowments

Discover a powerful way to make a gift to us in your name or in the name of a loved one while realizing tax benefits for your kindness.

Give Your Home, But Live There for Life

Find out how you can make a gift to McKinney Education Foundation of a remainder interest in your home, receive sizable tax benefits now and continue living in your home for the rest of your life.

Donor Advised Funds

Access the giving power of a private foundation without the expense or complexity.

Pooled Income Funds

Join with others in generating additional income now, that can later be used to supplement your retirement income.

Charitable Lead Trusts

Make a donation now while reducing the tax burden for your heirs in the future.

 

 
 

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