Your Gift Can Last Forever
The Power of an Endowed Gift on the Illinois College of Optometry
Start Paying It Forward
View and download your FREE copy of Endowments: A Gift That Lasts Forever.View My Guide
An endowment gift to the Illinois College of Optometry today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at ICO. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure ICO continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to ICO, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
- Contact Mark Colip, OD, at 312-949-7410 or firstname.lastname@example.org to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include ICO in your plans, please use our legal name and federal tax ID.
Legal Name: Illinois College of Optometry
Address: Chicago, IL
Federal Tax ID Number: 36-2310478