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Empowering Oley into the Future: Planned Giving, Endowment Fund & Other Donations
One of the most humbling aspects of our work is witnessing the incredible generosity of our Horizon Society members, who have chosen to leave a legacy through their estates. This generous act honors the memory of individuals who have touched our lives, but also significantly enhances our ability to serve and support our community.
When we receive funds from an estate, we are deeply moved by the thoughtfulness and foresight of those who have made this choice. It is a testament to the impact that Oley has had on their lives, and it inspires us to continue our work and allows us to advance our mission and fund vital programs.
In 2024, Oley became the recipient of several substantial bequests. The generous gift from Dr. Darlene Kelly, Oley’s Science and Medicine Advisor from 2012 to 2022, was directed toward the initiation of Oley’s first endowment fund. Oley also received generous bequests from the estates of Oley members Lucy Anne Karels and Nancy Goodick. We extend our gratitude to them, and to other donors who asked that their donations remain anonymous. We are determining the best use of these generous donations for the most tangible impact.
An Endowment Fund
You might be asking, what is an endowment fund and what is the purpose? An endowment fund is like a long-term savings account specifically for a nonprofit organization. When someone donates to the endowment, the principal (original donation amount) is invested rather than put into a general program fund. The organization then uses the interest or a percentage of the earnings each year to support programs and services. This approach ensures that the original donation remains intact, generating income year after year and helping sustain our mission far into the future.
An endowment fund is incredibly beneficial for our organization because it provides financial stability and security. While annual donations and other forms of giving are crucial for our day-to-day operations, an endowment is a gift for the future. It offers a reliable, ongoing source of income. This steady stream of funds allows us to plan for the long term, expand our programs, and weather economic uncertainties without compromising our ability to serve those who rely on us.
By contributing to Oley’s endowment fund, you are not just making a one-time donation—you are making a gift that keeps on giving. Your contribution will continue to support our work year after year, ensuring that we can continue to fulfill our mission for generations to come. It is a powerful way to make a difference that endures.
Every contribution is valued and cherished, whether publicly acknowledged or not. Your support helps us provide essential resources, support innovative projects, and promote the standards of care that our community deserves.
By contributing to Oley’s endowment fund, you are not just making a one-time donation— you are making a gift that keeps on giving.
A Lasting Impact
For those who might be considering how to support Oley in a meaningful way, there are several avenues to explore. If you are interested in learning more about how you can make a lasting impact, visit oley.org/supportoley to learn more.
We are here to guide you through the process and discuss options that align with your wishes and values at info@oley.org.