Perpetual Care Endowment Fund
The Lexington Cemetery reserves 60 percent of the purchase price of each lot sold — compared to the 20 percent that is required by law — and places it in a perpetual care endowment fund. The income earned from the endowment fund provides money for the scrupulous maintenance of the beautiful landscaping that is synonymous with The Lexington Cemetery. The general maintenance provided by the Cemetery as perpetual care includes grass mowing, removal of fallen trees, general landscaping and leaf removal, as well as a perpetual record system of lot owners and burials. A Personal Endowment Fund can be established for additional services not provided under perpetual care. The Lexington Cemetery's perpetual care endowment funds have grown to more than $30 million.
Personal Endowment Fund
Personal endowments are funds set aside for the specific purpose of providing special attention to your gravesite without burden to your family or friends. It is similar to the Cemetery's perpetual care endowment fund. The Cemetery will invest your funds and use the income generated by those funds to provide special attention to your lot. Personal endowments may be established in advance for your own gravesite or for an existing grave of a relative.