Endowment
Embrace Our Past; Endow Our Future
In October 2007 the concept of an AQSG Endowment was approved by the Board of Directors. This was a huge step forward toward financial stability for AQSG. The advantage of an endowment is that it produces a steady stream of income to support operations or special programming by investing the principal. This offers AQSG the opportunity to develop our dreams for creating new programs and expanding our visibility and influence. The potential to support educational programs, offer more scholarship opportunities, or to assist with costs of the annual seminar becomes financially feasible. Expanded and enhanced publications, more community outreach programs, and other efforts that will position AQSG more prominently in the quilt world become possible.
A generous gift of $100,000 from the Robert and Ardis B. James Foundation allows us to put our dreams into action more quickly than anticipated. Now we challenge ourselves to further this support! We can assure financial security for AQSG’s growth and outreach by donating our own $100,000 by the end of 2008.
Additionally, combining the Sally J. Garoutte Endowment funds that have supported us until now, the Ardis B. James Endowment, current and future outright donations, bequests, and pledges will give AQSG total assets of $500,000 by our 30th anniversary in 2010.
It will take every one of us to make it happen. No matter what amount you give, your gift will matter!
Your Legacy
All of us have the opportunity to leave a legacy to AQSG, a legacy that will honor those who came before us and the friends we have made through our association with this outstanding organization. Your commitment to quilting and quilt history reflects your interest in seeing AQSG continue far into the future. Your gifts will allow AQSG to grow and serve its members in the larger community known as “the quilt world.”
Types of Gifts
Some choices for your gift....
- Outright Gifts of cash or stock
- Honor Gifts to honor an AQSG friend
- Memorial Gifts
- Pledge Gifts (may be multi-year)
- Challenge Gifts: challenge your friends to match your gift
- Matching Gifts from your employer
- Gift to a specified fund of the endowment
- Gifts of $10,000 or more may be given as named endowments with gains restricted to your specified purpose. A gift agreement form will be sent to those wishing to establish a named endowment
Planned Gifts can be beneficial to you and to AQSG. You will need to talk with your attorney or financial advisor about the benefits to your estate. Those gifts include:
- Bequests in your will or living trust
- Retirement Plan Gift
- Life Insurance Gift Please participate in this fund-raising campaign. You are AQSG. You have embraced the past and by your participation you will be securing our future.
How to Make a Gift
Here is how to contribute to the AQSG Endowment Fund:
- Download this Endowment brochure in PDF format. Print it out and then fill in the form and mail the form to the address on the PDF brochure.
- Fill out the online form and click the "Send" button to submit the form.
Contributions are Tax Deductible
AQSG is a not for profit 501(c)(3) organization; contributions are tax deductible to the extent allowed by the law.