Yee Hong Endowment Fund: Leaving a Legacy
The Yee Hong Endowment Fund provides a practical way for families, alumni, businesses and others to
make a long-term investment in the quality of Yee Hong services and nursing homes. This permanent,
self-sustaining fund will help ensure future excellence and innovation at Yee Hong.
There are various ways to give to the Endowment Fund:
- Gifts of cash, securities or other property provide the Endowment with immediate financial contribution.
- A pledge allows donors to give more generously over time. Usually,
payment of pledges is made
within five years of the original commitment, with the exception of gifts through wills and estate plans.
- Matching. Many corporations encourage employee philanthropy by matching or
multiplying their employees’ gifts to the Endowment. Before you make a gift, you may want to ask whether your
employer participates in such a program.
- Planned giving through your will or estate plan – one of the easiest and
most common ways to give. Your gift may be made in your name or to remember a loved one. When you decide to
remember the Yee Hong Endowment Fund in your will, please notify the Foundation.
What is an Endowment Gift?
An endowment gift is one where the initial principal donation remains invested for a period of ten years or
in perpetuity. Each year the income from investment is used to support Yee Hong’s programs and services.
An endowment gift allows the donation to have an impact over a long period of time.
You can also direct your endowment gift for a particular service or program. For donation and inquiries,
please contact the Foundation office at 416-321-0777 or email foundation@yeehong.com.
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