Endowment & Planned Giving
For over eighty five years local companies, employees and residents have pledged their support to the United Way of Bay County during the annual campaign. Many millions of dollars have been raised and invested in local human service agencies to maintain buildings, pay salaries and purchase supplies to enable many programs and services to be available throughout the years for thousands of clients and participants.
Funding policies expended pledges almost as quickly as they were collected to be responsive to ongoing needs. A small amount of the revenues were saved to provide a reserve fund for unforeseen emergencies.
In recent years an additional policy was initiated with the establishment of a United Way of Bay County Endowment Fund to develop a base of invested assets whose principal could grow through bequests and donations. Each year a percentage of the Endowment Fund gains are available for allocations to the United Way and partner agencies. With prudent investment policies the amount available for distribution increases each year.
The value of an Endowment Fund is irrefutable and the need for the United Way of Bay County to enhance its endowment fund is imperative. While the majority of endowment gifts come from the bequests included in estates, donations are received as part of the annual campaign contributions from donors.
We ask that you consider the United Way of Bay County Endowment as part of your estate planning and request, when appropriate, that you ask others to consider this way to leave a lasting legacy to help others into the future.
A gift of any size is appreciated. Please contact Linda Vermeesch at our United Way office (989.893.7508) for more information on how you can continue your support of the community through United Way Endowment.