Endowment

Endowment

An Endowment Fund is a pool of assets established by a nonprofit such as a charity, church, hospital, service group, educational institution or cultural facility.  It’s a way for monetary donations to develop into long-term financial support for mission-related activities.  Ideally, the fund’s principal is preserved over time while only a small percentage of the endowment’s assets support the nonprofit’s operations, programs, scholarships, research or other designated purposes.  When used correctly, it’s a model for sustainable ongoing funding.

Examples of gifts include the following: outright gifts, life insurance policies, will or trust, and lifetime gifts. 

For more information contact the church office.