What is an Endowment Fund?
An Endowment Fund is a not-for-profit legal entity designed to support projects of general interest through the donations it receives.
Modern and flexible, it allows to ensure a sustainable financing heritage, cultural, educational, environmental or social initiatives.
As part of the restoration of places of worship — churches, chapels — the Endowment Fund shall constitute a agile and transparent tool, adapted to local and national issues:
• Transparency and seriousness: Annual publication of the accounts and activity report.
• Operating flexibility: Donations can be allocated to specific projects. Simpler to manage than a foundation, it allows a great deal of responsiveness in project financing.
• Direct link to projects: possibility of involving donors symbolically in a specific work or project if they so wish.
FOR THE GREAT PUBLIC: GIVE IN ALL CONFIDENCE
A gift is a precious gift to the memory and common heritage.
Making a donation to an Endowment Fund is:
• Contributing to causes that matter to you, by concretely participating in the preservation of places full of history and spirituality.
• Benefit from a 66% tax reduction (up to 20% of taxable income, with a possible carry-forward if the amount of donations exceeds this limit, the excess may be carried over to the next five years) according to Article 200 of the General Tax Code, applying to donations to Endowment Funds.
• Give in a simple way, by cheque or online, in a secure manner.
• Being informed and assured the destination of your donation, thanks to accurate monitoring of the projects.
FOR PRIVATE MEN: INVESTING WITH SENS
Each philanthropy is as much an act of soul as a gesture of heart.
Supporting an existing Endowment Fund is:
• Press on a proven structure, governed with rigour, governance, transparency and traceability.
• Select some outstanding projects symbolic impact
• Receive impact reports detailed and exchange with project proponents Select a level of visibility: discretion or public recognition.
• Capitalizing your gift for a long-term impact, ensuring sustainable transmission. Indeed, according to your wish, your donations can be capitalized to generate sustainable income, ensuring the continuity of actions over the long term.
• Possibility of making a Don Manuel (which is not the case for an Association).
FOR LEGISLATIVES: TRANSMITTING SENS PORTER HERITAGE
The legacy is a passage of witness between generations, at the service of beauty and the sacred. It allows your values to live beyond time.
Making a legacy to an Endowment Fund is:
• Giving your heritage a second life supporting causes that are of interest to you.
• Putting your heritage at the service of collective memory projects
Benefit from a total transfer duty exemption (article 795 of the CGI). Choosing a Endowment Fund ensures that the resources transferred will be used in accordance with the testator's will, for sustainable actions. It is possible to enter this legacy in your will, in favour of the Endowment Fund, while benefiting from an exemption from inheritance duties (a simple Donation also benefits from this exemption).
• Ensure that your will is respected through a secure legal framework.
• Participate in sustainable actions: restoration, enhancement, transmission of religious heritage.
FOR ENTERPRISES: IMPLEMENTING IMPACT, COHERENCE AND VISIBILITY
To associate your company with the preservation of heritage is to affirm values of territorial transmission and anchoring.
Giving an Endowment Fund is:
• Take immediate action, without having to create a dedicated structure.
An existing endowment fund is a reliable, transparent and operational partner.
• Benefit from a 60% tax reduction (within the limit of 0.5% of tax-free turnover (HT) with possible carry-over if the amount of donations exceeds this limit, the excess may be carried over to the following five years) according to Article 200 of the General Tax Code, applying to donations to Endowment Funds. This scheme applies to companies subject to corporate tax (IS) or income tax (IR) where they are taxed under a real system.
• Valorizing your CSR commitment with your clients, partners, and collaborators
• Access projects already structured, with impact indicators and regular returns
Conclusion
To support an Endowment Fund is to choose a reliable, flexible and fiscally adequate instrument to support causes useful to society. These are essential points. to ensure that your gifts are meaningful, serving a cause that goes beyond time: the preservation of our sacred heritage and our collective memory.