The First Church Endowment Fund was “established to provide members and friends the opportunity to make charitable gifts that will support and benefit the Church for future generations.
The Church’s established programs are normally funded through the annual operating budget of the church, supported by the regular giving of its members. The Endowment Fund is intended to help pay for programs or expenses which are over and above the regular programs supported by the Church’s operating budget.”
Donations to the Endowment Fund can be made as follows:
- Permanent Fund: Principal is permanently invested with only the income approved for use as designated
- Quasi Fund: Principal is invested and can be used along with the income with proper approvals
- Cash Donations
- Bequest through a will
- Life Insurance Policy
- Gift of Real Estate
- Appreciated Securities
- Charitable Gift Annuity
Within either fund, gifts may be assigned to the following categories: Mission, Capital, General or Undesignated.
The Committee is responsible to promote the Endowment Fund and is amenable to Lead Church Council. The Endowment Funds are professionally managed and invested in accordance with socially accepted investment principles.
If you are interested in making a contribution to the First Church Endowment fund or if you would like to have more information, please contact the church office at 570-322-3572 or [email protected].