New Foundation endowment helps secure the future of Housecalls for the Homeless
Ensuring that medical, psychiatric and addiction care services are available today and into the future for men and women experiencing homelessness in Syracuse and Onondaga County has long been a focus for Dr. David Lehmann and his team. That reality is closer than ever, now that the Housecalls for the Homeless Endowment has been established at the Upstate Foundation.
The endowment was created with a generous gift from an anonymous donor, as well as support from Lehmann and several additional donors.
“This is exciting news for Housecalls for the Homeless,” explained Carolyn Hendrickson, director of planned giving at the Upstate Foundation. “Having an endowment represents permanency and long-term thinking by Dr. Lehmann and other leaders of the program.”
Endowments are lifelong funds in which the principal sum (consisting of all donations made over the lifetime of the fund) remains permanently invested and generates investment returns that can be spent for the purpose of the endowment or reinvested. The purpose of the fund is to support the work of Housecalls for the Homeless in Syracuse and Onondaga County.
Working with the Upstate Foundation, its board of directors and investment fund managers gives confidence to Lehmann that the endowment will grow over time and into perpetuity, thus continuing his legacy of caring for a vulnerable population and the program for which he so deeply cares.
To support the endowment, go to https://www.upstatefoundation.org/page.aspx?pid=298.
Individuals interested in supporting the Housecalls for the Homeless Endowment with a gift from their estate should contact Carolyn Hendrickson in the Upstate Foundation at [email protected] or 315-464-6490.
Caption: From left Dina DeSorbo, Housecalls for the Homeless board chair; David Lehmann, MD, PharmD, SUNY Distinguished Professor; and Carolyn Hendrickson, Upstate Foundation.