Endowment Giving

Endowment Funds

(757) 668-7070
Endowment funds provide perpetual and lasting financial resources for Children's Hospital of The King’s Daughters and help ensure the continued excellence of CHKD programs by supplementing operating support and allowing innovative programs to grow and excel. 

Directed Endowments

Endowment funds may be directed to specific programs of the hospital such as cancer, child abuse, or nursing scholarships or may be established to support patient care overall.

Named endowment funds at CHKD are established with a minimum gift of $25,000 and may be funded with outright gifts of cash, securities, or other assets, or through a donor’s estate.

"I bequeath to Children’s Hospital of The King’s Daughters, 601 Children’s Lane, Norfolk, VA 23507, the sum of __________________________ dollars ($_____________) to establish an endowment, name of endowment , with the annual income going to support and benefit the _______________________________________ program."

How It Works

Endowment funds are invested carefully, with the income earned used to support the program(s) designated by the donor. As the principal of the endowment is never spent, the fund provides a perpetual stream of income for the desired program or service at CHKD, allowing us to plan for the future with strength and security.

Here’s how it works:

  • Donor establishes endowment with CHKD
  • Investment dollars added to investment portfolio
  • Investment earns income annually
  • CHKD receives set percentage annually
  • Excess earnings are reinvested

All donors who make planned gifts to Children’s Hospital of The King’s Daughters qualify for membership in The Beth Duke Legacy Society, our special group of donors who have committed to remembering CHKD as part of their legacy. For more information, please contact our office at (757) 668-7070.

Contact

For more information, call (757) 668-7070 or email the development office at legacy@chkd.org.

This information is taken from sources believed to be reliable, but is not guaranteed as to completeness or accuracy. You are urged to seek the advice of your financial planner, attorney and/or tax advisor to make certain a contemplated gift fits well into your overall circumstances and planning.

 

Practice Locations
(757) 668-7070