Yes! A memorial fund can be established as an endowment, allowing charitable support to continue over the long term in someone’s memory.
An endowed memorial fund invests contributions and makes distributions according to its governing agreement and the Foundation’s spending policy. This can create an ongoing source of support for the causes or organizations that mattered most to your loved one.
Memorial funds can also be structured for more immediate charitable giving. PRCF can help you explore the available options and determine which approach best reflects your family’s goals.