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The Endowment Fund
Does your church have a plan for the future? A church endowment fund provides income to maintain church buildings, generate funds for mission work or enhance other ministries, and essentially helps to secure the financial future of the church.
By definition, an endowment is a permanent fund that has been established by the church to provide a perpetual stream of income designated for a general or specific purpose. The gift amount is invested and the interest earned on the investment is available to use for the benefit of the church. Usually, a portion of the interest earnings are also re-invested into the principal to insure the fund will grow to meet the needs of the future.
Arguments have been made that building an endowment fund detracts from existing giving. This is not the case. An endowment fund does not compete with other giving, it nurtures and enhances it. An endowment fund is a long-term investment in the church. Please click on the links below to learn how to start financially securing the future of your church. As always, the Foundation staff is here to help guide you in any way we can.