Caron continues to grow and develop thanks to the generous support of alumni and friends. As we embark on the largest campaign in Caron's history we recognize the importance of increasing Caron's Endowment and thereby creating a solid foundation for the future of recovery. Studies have shown that addiction is a family disease that can be passed from one generation to the next. Caron's endowment will ensure that Caron will be available for our children and grandchildren should they need it.

While Caron's Annual Fund supports scholarships on an annual basis, Caron's Endowment is a perpetual fund from which generates a predictable, reliable income stream that guarantees the long-term financial health of Caron and provides financial assistance for individuals and families in need. The endowment helps grow and nurture the organization and ensure that projects can be funded regardless of what future economies hold.

Currently Caron's endowment is at $12.5 million. When speaking with alumni and friends about Caron's 50^th Anniversary Campaign: Caron - A special place... A special time the endowment was mentioned time and again as a priority for ensuring Caron's future ability to provide world-class treatment. Caron's Board of Directors has a long-term goal of building Caron's endowment to $25 million. A $25 million endowment will provide an estimated annual income stream of $1.25 million to support a variety of Caron's financial needs foremost, patient aid.

Caron encourages gifts of securities, real estate, life insurance and life income arrangements such as charitable trusts and gift annuities.

The information on Caron's Endowment and Planned Giving options is not meant to be legal advice.  We encourage individuals to consult with their attorney or financial planner.