Endowment Fund FAQs

1. What is an endowment fund?

A fund is established by the church to receive estate gifts, trusts and other significant giving over and above the annual gifts and tithes which support the annual operating budget of the church. An endowment gift is a permanent investment in the mission and ministries of the church. It provides for the sustenance of the church year after year.

2. How much is required to give?

$1,000 is the minimum gift to the Endowment Fund. Smaller gifts are welcomed by the Living Trust fund. For a named endowment, the minimum gift is $50,000.

3. Do I need an attorney to make an endowment gift?

No. However, more complex gift plans may require advice from your financial planner. The church holds seminars on a periodic basis to provide more detailed information on planned giving.

4. Do I have to revise my will?

There are lots of ways to give a gift to the Endowment Fund. Including the church in your will is just one way.

5. Can I donate my house?

Yes, as part of an estate gift.

6. Can I direct how my donation will be used?

Yes, you can designate the mission area within the church you would like your gift to support.

7. How will the church benefit from my donation?

The Endowment Fund will allow the church to grow in mission areas, to develop special ministries, and to cover unusual expenses of any kind for the maintenance, repair and replacement of church property.

8. How does the endowment gift differ from my annual gift?

Your annual gift is used to support the operating budget of the church. The Endowment Funds offer the church the opportunity to grow and reach out into new and enhanced program and ministry areas.