IMANA Endowment Fund
Abu Hurairah (May Allah be pleased with him) reported: “The Messenger of Allah (ﷺ) said, ‘When a man dies, his deeds come to an end except for three things: Sadaqah Jariyah (ceaseless charity); a knowledge which is beneficial, or a virtuous descendant who prays for him (for the deceased).’ “
In 2022 a portion of IMANA’s endowment returns will fund:
1. Continuous Charity
Capacity building grants for organizations and support of free clinics
2. Beneficial Knoweldge
Scholarship programs and placement and training on AEDs and CPR in places of worship
Development of family focused relief missions to plant the seed of love for medical mission work in our children
History of IMANA’s Endowment Fund
Over the course of our 50+ year history, many visionaries had the foresight to set the organization on the path of sustainability. As a result of these actions an endowment was created and gifts to this fund were invested and maintained in perpetuity to have a long-term impact.
Year after year, these funds earned investment income each year. Having grown substantially since its inception, today a percentage of the annual income is distributed to support growth of the organization’s programs and services. The remaining income is added back into the endowment principal to help preserve the power of the endowment over time.
In recent years, IMANA’s Endowment has facilitated:
The establishment of an IMANA scholarship program in 2020, annually providing 4 students (medicine, dentistry, pharmacy and allied health) $5000 each.
Currently, an additional 2 awards in medicine are provided as the result of a donor created endowment.**
**Donors can establish an endowment for any IMANA program, and name it in honor of their family. Such gifts create a highly visible link between the family and IMANA and serve as a lasting tribute. Through the permanent nature of the endowment, successive generations of a donor’s family can maintain a strong relationship with the organization while the donor can reap the rewards from the ongoing nature of their gift.
The purchase of an office in the DMV area, to support the growth of our international medical relief work.
The support of domestic medical relief though 4 annual grants offered to healthcare organizations focused on capacity building and free clinics.
The distribution of AED’s and provision of CPR training in faith-based centers across the country.