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Gifts to the Urban League?s endowment funds with the Madison Community Foundation (MCF) last a lifetime, and will ensure a permanent income stream for our mission. An endowment is a permanent investment that grows over time. Each year, a portion of each fund can be distributed to our cause. Rather than a one-time gift, an endowment continually generates resources that will be available forever.
Urban League has two endowment funds: our Workforce Innovation Fund and our Youth Endowment Fund.
A charitable gift annuity (CGA) is a simple agreement between you and Madison Community Foundation offering significant tax and financial benefits. In exchange for a gift of assets, typically cash or publicly traded stock or mutual fund, MCF pays a guaranteed lifetime income. You can create an annuity for up to two people, and payments can begin immediately or be deferred to a later time. The donor designates the remainder of the annuity to one (or both) of the Urban League Endowment Funds.