(March 25, 2014) Jackson, Tenn – Since its beginning in 1984, the West Tennessee Healthcare Foundation has worked to improve the health and quality of life to those living in Jackson and West Tennessee.
A gift from the estate of Eunice M. Fishman has established an endowment in her name to support the humane treatment of animals. The funds from the estate gift will establish a permanent endowment that will provide financial support in perpetuity. The Fishman family was a major supporter of charitable causes in the Jackson area and was especially interested in promoting the humane treatment of animals through a no-kill facility.
WEST TENNESSEE HEALTHCARE FOUNDATION ANNOUNCES FISHMAN ENDOWMENT
The endowment was given to the Humane Society by Mr. Sylvain Fishman in memory of his wife Eunice. She was a judge for the Westminster Dog Show and the Madison Square Garden Dog Show. Mr. Fishman owned a department store on Lafayette Street in Downtown Jackson.
Formerly held by the Humane Society, their board of directors voted to move the funds to the WTH Foundation to provide perpetual care and oversight of the endowment. Through this endowment an income stream will provide budgetable annual support in addition to allowing an opportunity for the principal to grow.
An endowment is a tool for nonprofits and charities to ensure a permanent investment that will provide income for a cause or charity. “Similar to a savings account, endowments provide on-going income for the care of animals,” stated Frank McMeen, WTH Foundation President.
