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Endowments

Granada Islamic School has a small endowment fund invested in several Halal investments, NAIT, Amana Funds and Ameen Housing. Endowment funds are investments for which only the earnings are discretionary and the principal donation amount remains invested (currently, the earnings of the endowment fund are being reinvested in those funds).

Although small at this time, our endowment fund earnings have the potential of providing substantial income for the school once they become large enough. If you would like to make a donation that continues to earn income over time, submit your tax-deductible donation for the endowment fund.