Illuminating the Past to Light the Future
On the eve of the Great Depression in 1928, the Minnesota Historical Society received its first endowment gift. Herschel V. Jones, a publisher and editor, who served on the Society's Executive Council from 1920 until his death in 1928, bequeathed $25,000 "for the purchase of books, pamphlets and manuscripts relating to subjects, individuals and events having a bearing on the history and development of Minnesota."
Mr. Jones' gift survived the Great Depression and the fourteen business cycles since. Eighty-two years later, his gift continues to fulfill his philanthropic wishes. In the last dozen years alone the fund has produced income over $26,000, an amount larger than the original gift, for the Society's acquisition program.
In 2010, we invite you to join Mr. Jones and 205 other people, who have identified themselves as having made a planned gift that will benefit the Society in perpetuity. For the current fiscal year, income from endowment funds have produced $1.2 million in support of the programs and services that help deliver and fulfill our mission every day.
As we anticipate the future, we believe endowment income will become increasingly important to the success of the Society and we look to our loyal supporters to help us build our endowment assets. Perhaps in the year 2090, someone at the Minnesota Historical Society, will look back to an endowment established in 2010 and celebrate the vision that prompted such philanthropy with the same gratitude we have today for the vision of Herschel Jones.
If you would like to learn more about ways to create a personal legacy to reflect your values please contact me at firstname.lastname@example.org.