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If you are considering a sizeable donation now or in the form of a legacy at or after your death, you can structure your gift as an endowment that will be invested by Merrick, Inc., and for which only a portion, as designated by you, is used annually. An endowment is the gift that keeps on giving! As an example, with a donation of $10,000 and assuming an average annual net total return of 9% with a distribution for charitable purposes of 5% per year; after 100 years your $10,000 donation will have yielded $1,174,365 to support Merrick, Inc., ($505,049 current principal value + $644,064 cumulative distribution since inception + $25,252 available for current year distribution) and the remaining principal will continue to support the organization's mission into perpetuity!
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