STEP Independent Living Endowment Fund allows continued, long-term sustainability of services focused on our most vulnerable population, seniors. Through your insightful investment, seniors maintain their independence, self-reliance, and dignity while participating in a variety of community activities.
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|STEP Independent Living Endowment Fund
The STEP Independent Living Endowment Fund is a permanent fund that generates income each year to support STEP’s mission. This fund is professionally managed through the First Community Foundation Partnership of Pennsylvania to ensure that funds remain strong over time. The endowment allows us to withdraw 4 percent of the twenty quarter average market value of the fund annually. For example, a $100,000 fund provides $4,000 in support each year.
The STEP Independent Living Endowment Fund:
- Provides stability.
- Grows over time.
- Facilitates strategic planning.
- Creates an avenue for additional support.
- Allows vital programs to continue on long-term basis.
- Furthers the mission of the agency.
- Supports the independent living of our aging population.
“McCormick Law Firm values its longstanding relationship with STEP, Inc. This gift to the endowment fund will assist STEP, Inc. in fulfilling its mission to engage diverse individuals, families and communities in the pursuit of social and economic success in the future, particularly with respect to senior independent living.”
– Wilf Knecht
We also welcome contributions to STEP's general fund, where your generous donation will be used to support the important work that we do to help people find their pathway to success.