The Washington Masonic Charities Endowment is separate from Grand Lodge endowment funds. This endowment was created with the caveat that funds not begin being distributed until 2023 so they would have an opportunity to grow. Since its inception in 2017, the endowment has more than doubled from $729,000 to $1,600,258. This is thanks in large part to the decisions of Masons to leave bequests and planned gifts. Today 100% of contributions that go into the Endowment are designated strictly for charitable purposes, and distribution will begin in 2023.Making a planned gift is easier than one might think. Here are just a few of ways:
- Qualified charitable distribution from 401K, 403B or IRAs.
- Naming Washington Masonic Charities as a beneficiary on one or more retirement accounts.
- Naming Washington Masonic Charities as a beneficiary on insurance policies.
- Leaving a bequest to Washington Masonic Charities in your last will and testament.