Endowments
Financial Security for the Future of Your Church
Sustain the Financial Future of the Church and Missions Close to Your Heart.
A well-established endowment can create a permanent source of income to support missions, scholarships, building maintenance and other ongoing needs of the church.
Sustaining your church’s future is a rewarding and important endeavor, and while Legacy Planning can feel overwhelming, it is vital. The Foundation provides faith-based, financial solutions that answer God’s call to continue making disciples for Christ. We will take you through each step of creating an endowment.
How to Create An Endowment for Your Church
Creating An Endowment for Your Church (4)
An endowment is a financial donation made to an institution with the intention of it being used in perpetuity. The money donated is invested, and the earnings from the investment are used to fund ministry, from capital improvements to scholarships and mission work.
Though each endowment is unique, initial investment funds are typically given to a church out a person’s final assets or are included in their will. In this way, endowment funds do not generally take away from your church’s annual income and instead create a new revenue stream entirely. Additionally, an endowment allows for specific types of donations (such as the children’s ministry, mission work, or a building fund) and multiple endowments can be created for various purposes. This gives donors a sense of ownership over their gift and allows for funding in various, predetermined ministries.
First, you will need to establish interest by getting your pastor and church leadership involved. Your church’s trustees may decide to govern the endowment fund or they can set up a Permanent Endowment Committee (PEC), depending on the specific needs of your congregation. The Foundation will then work with your leadership to develop a process in line with our policies and by-laws and in accordance with the laws of the state of Georgia.
At this stage, contact the Foundation to discuss the proper course of action for your church and what next steps you should follow.
The Foundation looks forward to working with you to create an endowment to benefit your ministry! We are here to help you as our purpose is your mission.
Benefits of Working with the Foundation
Our mission is to provide financial solutions for individuals, churches and nonprofits who are members of the Methodist family of Georgia. The Foundation understands the unique processes and culture of churches and nonprofits and provides hands-on, responsive staff who will guide you through each step of the process.
Benefit from our fifty years of dedicated experience in managing over $242 million in ministry assets.
We serve as your knowledgeable fiduciary, ensuring every decision is made with your ministry’s best interest at heart.
Enjoy highly competitive fees compared to secular institutions, ensuring more of your money directly funds your mission.
Our Board of Trustees brings a rare blend of high-level expertise in both financial services and church management.
We collaborate with your leadership to build and grow your ministry investment through a customized, strategic plan.
Our partnership with Wespath Institutional Investments connects you to a firm managing over $26 billion for faith-based organizations.
We’re Here to Help
Our team can assist with the establishment of a Permanent Endowment Fund.
We will help you design and implement your customized legacy program by providing professional funds management and investment services for the Permanent Endowment Fund assets.
Contact Us
How can we best help you, your family, your church, or your nonprofit achieve your mission and live out the call of God in your life?
