A company usually takes out an Asset Endowments Plan when they are wanting to donate financial assets to
group, individual or institution. Assets can be in the form of property or investment funds and can come
for the stated purpose of the donation.
There are four different types of endowments; unrestricted, term, quasi, and restricted. Generally, in the form of a financial donation, invested funds made from dividends of the original amount are put into charitable endeavours.
Having a structured Asset Endowment Plan allows your company to give to the community in an efficient
manner, while giving you many charitable avenues.
Endowments can be a fun and noble way for you to put charitable projects in place and watch them grow. Some of the way you can do this is supporting or setting up charitable funds, scholarships or sponsoring sustainable projects, all good for your company’s self-worth.