the endowment fund
What is an endowment?
An endowment is the part of a Church’s income derived from donations and gifts that are invested in order that earnings from those investments be used in perpetuity. In general, the principal is maintained and only the interest is used, as needed.
Endowment funds are not used for customary operating expenses, but are intended to cover those items not included in the annual budget such as building and facilities maintenance and new programs, or to enrich existing programs.
Our vision is for our endowment to grow to $10 million dollars, an amount that will provide $300,000 annually for the capital maintenance of our buildings and equipment and funding for future construction, and $200,000 annually to send our members into the world to serve others. As of March 2015, the value of the fund is over $580,000.
Your gift, whether small or large, will assure that you have a role in the future of Messiah United Methodist Church. The Endowment Fund Committee consists of nine members, all of whom are active members in good standing and are elected to serve a term of three years. The current chair of the Endowment Fund is Mike Sipple.
You can give in many ways:
Cash — a one-time gift or a continuing pledge.
Securities — stocks and bonds.
Bequests — a “charitable remainder” in your will.
Life insurance — policies or proceeds.
Annuity Trusts — fixed income or variable income.
Real Estate — your home or other land.
Business — proceeds from sale.
You can give from your heart. Your endowment gift can be a permanent, loving memorial to your spouse, parents, sibling, a beloved pastor or Sunday school teacher, a friend...someone who has touched your life in a special way.
You can enjoy significant tax benefits from your contributions to the Endowment Fund.
The Endowment Fund Committee was established in 2001. Members were elected and a program for maximizing the growth of the fund was developed. Suitable fiscal organizations were evaluated and selected, monetary gifts to the fund were invested and the funds are working toward Messiah’s future needs.